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Klaviyo Q2 Non-GAAP Earnings, Revenue Rise; 2024 Outlook Raised -- Shares Soar After Hours
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Klaviyo Q2 Non-GAAP Earnings, Revenue Rise; 2024 Outlook Raised -- Shares Soar After Hours
Aug 7, 2024 2:55 PM

05:35 PM EDT, 08/07/2024 (MT Newswires) -- Klaviyo ( KVYO ) reported Q2 non-GAAP earnings late Wednesday of $0.15 per diluted share, up from $0.09 a year earlier.

Analysts polled by Capital IQ expected $0.10.

Revenue for the quarter that ended June 30 was $222.2 million, up from $164.6 million a year earlier.

Analysts surveyed by Capital IQ expected $212.3 million.

The company expects Q3 revenue of $225 million to $227 million. Analysts polled by Capital IQ expect $225 million.

The company now expects full-year revenue of $910 million to $918 million, versus its prior guidance of

$899 million to $907 million. Analysts polled by Capital IQ expect $903.2 million.

Shares traded 17% higher in after-hours activity.

Price: 27.02, Change: +3.94, Percent Change: +17.07

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