earnings
confidence high
sentiment positive
materiality 0.75
Klaviyo Q3 revenue $235.1M (+34% YoY), raises FY24 guidance above prior range
Klaviyo, Inc.
2024-Q3 EPS reported
-$0.07
revenue$667,300,000
- Q3 revenue $235.1M (+34% YoY); GAAP EPS $(0.01), non-GAAP EPS $0.17 per diluted share.
- Non-GAAP operating income $33.7M (14% margin); operating cash flow $38.8M; FCF $34.2M.
- Raised FY24 revenue guidance to $923-925M (32-33% YoY); Q4 revenue guided $256-258M.
- Customers 157k (+16% YoY); >$50k ARR customers 2,619 (+54% YoY); NRR 110%.
- Hired Surabhi Gupta as CTO and Adil Wali as CPO to bolster R&D leadership.