Klaviyo, Inc. (KVYO) Beats Q3 Earnings and Revenue Estimates
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Klaviyo, Inc. (KVYO) reported Q3 earnings of $0.15 per share, surpassing the Zacks Consensus Estimate of $0.11. This marks a significant improvement from a loss of $1.24 per share a year ago.
November 07, 2024 | 12:15 am
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Klaviyo, Inc. (KVYO) reported better-than-expected Q3 earnings of $0.15 per share, exceeding the Zacks Consensus Estimate of $0.11. This is a significant turnaround from a loss of $1.24 per share a year ago.
The better-than-expected earnings and significant improvement from last year's loss are likely to positively impact KVYO's stock price in the short term. Investors often react favorably to earnings beats, especially when there is a substantial year-over-year improvement.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100