Truecaller drops 32% on lower revenue

TechCrunch
By Manish SinghOct 27, 2023, 12:16 pm103 pts
Shares of Truecaller dropped to as low as 35% before recovering slightly to 32% Friday after the Switzerland-headquartered firm, known for its eponymous caller ID app, reported lower than estimated revenue. Truecaller, listed in Stockholm, reported a revenue of SEK 399 million ($35.88 million) for the quarter…

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