Klaviyo share: quarterly results
Klaviyo Inc. (NYSE: KVYO, ISIN: US49845K1016) generated third-quarter 2024 revenue of $235.094 million, or 34 percent year-over-year growth.
This confirmed the high growth of the US company. In the previous quarter, at $222.213 million, growth was 35 percent year-on-year (Q1 2024: 35 percent).
The operating result of the US company, which recently went public, was minus $13.278 million in the same period (previous quarter: minus $14.053 million, previous year: minus $302.203 million).
Klaviyo achieved a net result of minus $19.169 million in the reporting period (previous year: minus $281.938 million). Earnings per share (diluted) were minus $0.07 (previous year: minus $1.19).
Operating cash flow was $38.784 million (previous year: $23.700 million). Free cash flow was $34.246 million (previous quarter: $37.065 million, previous year: $21.870 million).
Klaviyo once again exceeded its own forecast for sales and operating profit (non-GAAP).
“We have another quarter of strong financial results,” said Amanda Whalen, CFO of Klaviyo.