secwatch.observer — SEC 8-K summary
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Issuer:     Klaviyo, Inc. (KVYO)
CIK:        0001835830
Form:       8-K
Filed at:   2024-05-08T23:59:59+00:00
Accession:  0001835830-24-000054
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Klaviyo Q1 revenue $210M (+35% YoY); guides Q2 $211-213M; CTO stepping down
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1835830/000183583024000054/0001835830-24-000054-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1835830/000183583024000054/kvyo-20240508.htm
  HTML page:      https://secwatch.observer/filing/0001835830-24-000054

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer