Katapult Delivers 10% Revenue Growth in the Third Quarter, Above Outlook
Portfolio Pulse from
Katapult Holdings, Inc. reported a 10% revenue growth in Q3 2024, surpassing expectations. The company has seen eight consecutive quarters of year-over-year gross originations growth and anticipates a strong holiday season. Katapult has updated its full-year 2024 gross originations outlook.
November 06, 2024 | 11:15 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Katapult Holdings reported a 10% revenue growth in Q3 2024, exceeding expectations. The company has experienced eight consecutive quarters of year-over-year gross originations growth and anticipates a strong holiday season, updating its full-year 2024 outlook.
The 10% revenue growth surpasses expectations, indicating strong performance. The consistent growth in gross originations and positive outlook for the holiday season suggest continued momentum, likely boosting investor confidence and positively impacting the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100