For Q2, Katapult Expects 3%-5% Y/Y Increase In Gross Originations, Which Reflects Ongoing Headwinds In Home Furnishings Retail Category; 8%-10% Increase In Revenue
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Katapult expects a 3%-5% year-over-year increase in gross originations for Q2, reflecting ongoing headwinds in the home furnishings retail category, and an 8%-10% increase in revenue.
May 15, 2024 | 10:15 am
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Katapult expects a 3%-5% year-over-year increase in gross originations for Q2, reflecting ongoing headwinds in the home furnishings retail category, and an 8%-10% increase in revenue.
The expected increase in gross originations and revenue indicates positive growth for Katapult, despite challenges in the home furnishings retail sector. This is likely to have a positive short-term impact on the stock price.
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