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Kalray’s Strategic Sale and Revenue Announcement Postponement
Company Announcements

Kalray’s Strategic Sale and Revenue Announcement Postponement

Story Highlights

Invest with Confidence:

Kalray SA ( (FR:ALKAL) ) has provided an announcement.

Kalray has announced significant progress in discussions to sell its ‘Data Acceleration Platform’ business unit, with a potential agreement imminent. Consequently, the company has decided to postpone its annual revenue publication to provide a more informed view, which could impact its market positioning and stakeholder interests.

More about Kalray SA

Kalray, listed on Euronext Growth Paris as ALKAL, is a leader in hardware and software technologies for data management and intensive data processing from Cloud to Edge. The company offers DPU processors, acceleration cards, and innovative software solutions aimed at improving data center efficiency and catering to high-growth sectors like AI, media, life sciences, Edge Computing, and automotive.

YTD Price Performance: -27.83%

Average Trading Volume: 2,230

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €7.79M

For an in-depth examination of ALKAL stock, go to TipRanks’ Stock Analysis page.

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