earnings
confidence high
sentiment positive
materiality 0.80
Klaviyo Q1 revenue $210M (+35% YoY); guides Q2 $211-213M; CTO stepping down
Klaviyo, Inc.
2024-Q1 EPS reported
-$0.05
revenue$209,993,000
- Q1 revenue $210.0M (+35% YoY); GAAP operating loss $22.1M; non-GAAP operating income $29.3M (14% margin).
- Non-GAAP EPS $0.15 basic/$0.13 diluted; GAAP net loss per share $(0.05). Operating cash flow $26.2M.
- Customers 146k (+17% YoY); >$50k ARR customers 2,157 (+69% YoY); NRR 114%.
- CTO Allen Chaves stepping down end of 2024; hired Carmel Galvin as CPO in April 2024.
- FY24 revenue guidance $899-907M (29-30% growth); Q2 guidance $211-213M.