COPENHAGEN, May 19 (Reuters) - Swedish fintech Klarna,
which last month paused plans for an initial public offering,
reported a first-quarter adjusted profit of $3 million on
Monday, lifted by growing volumes in the United States and
efficiency gains from artificial intelligence.
Klarna's comparable result for the January-March period of
2024 stood at a loss of $2 million when adjusting for the sale
of its Klarna Checkout (KCO) business.
The company said its overall revenue grew to $701 million
from a year-ago $621 million.
In the United States alone, revenue grew 33% year-on-year,
Klarna said.