By Katherine Hamilton
Klaviyo beat Wall Street's expectations with its fourth-quarter results after bringing in record revenue from holidays in November.
The email and texting marketing company had a slightly wider loss of $27 million in the three months ended Dec. 31, compared with a loss of $26.3 million a year earlier. The per share loss remained 10 cents.
Stripping out certain one-time items, adjusted per-share earnings were 7 cents, ahead of the 6 cents forecast by analysts, according to FactSet.
Revenue rose 34% to $270.2 million. Analysts surveyed by FactSet forecast revenue of $257.3 million.
The Boston company said it had its strongest Black Friday and Cyber Monday period yet.
It expects to make around $1.16 billion in 2025 revenue, which would mark as much as 24% growth year-over year and is slightly above what analysts were expecting. In the first quarter, it expects to see $265 million to $269 million in revenue.
Write to Katherine Hamilton at katherine.hamilton@wsj.com
(END) Dow Jones Newswires
February 19, 2025 16:34 ET (21:34 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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