Klaviyo Q3 EPS $(1.24) Misses $0.05 Estimate, Sales $175.81M Beat $167.06M Estimate
Portfolio Pulse from Benzinga Newsdesk
Klaviyo (NYSE:KVYO) reported Q3 losses of $(1.24) per share, missing the analyst consensus estimate of $0.05 by 2580 percent. This is a 1140 percent decrease from the same period last year. However, the company's quarterly sales of $175.81 million beat the analyst consensus estimate of $167.06 million by 5.24 percent, marking a 47.53 percent increase from last year.

November 07, 2023 | 9:21 pm
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Klaviyo's Q3 earnings per share missed estimates significantly, but sales exceeded expectations.
Klaviyo's Q3 earnings per share missed the analyst consensus estimate by a large margin, which could negatively impact investor sentiment and the stock price. However, the company's sales beat estimates, which could offset some of the negative impact.
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