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Katapult Holdings Inc - KPLT STOCK NEWS

Welcome to our dedicated news page for Katapult Holdings (Ticker: KPLT), a resource for investors and traders seeking the latest updates and insights on Katapult Holdings.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Katapult Holdings's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Katapult Holdings's position in the market.

Rhea-AI Summary
Katapult Holdings, Inc. reports strong financial results for Q4 2023 with significant year-over-year growth in gross originations and revenue. The company projects a positive outlook for 2024 with at least 10% growth in both metrics.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-26.74%
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none
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Rhea-AI Summary
Katapult Holdings, Inc. (KPLT) will release its Q4 and full year 2023 financial results on March 14, 2024. A conference call and webcast will follow at 8:00 AM ET. Investors can access the live webcast on the Katapult Investor Relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.6%
Tags
-
Rhea-AI Summary
Katapult Holdings, Inc. (NASDAQ: KPLT) announced a 13% increase in gross originations and a 19% increase in revenue for the fourth quarter of 2023, exceeding their previous outlook. The company expects to report approximately $67.5 million in gross originations, marking the fifth consecutive quarter of year-over-year growth, and approximately $58.0 million in revenue, the highest since the first quarter of 2022.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.49%
Tags
Rhea-AI Summary
Katapult Holdings, Inc. (NASDAQ: KPLT) has partnered with Grown Brilliance to integrate its lease-to-own solution into the payment checkout flow, allowing consumers to acquire high-quality, lab-grown diamonds at www.grownbrilliance.com. The partnership aims to provide access to luxury diamonds for underserved consumers, expanding the variety of durable goods available through Katapult's offering.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.88%
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-
Rhea-AI Summary
Katapult Holdings, Inc. (NASDAQ: KPLT) to participate in Stephens Annual Investment Conference on Nov. 15, 2023. CEO and CFO to engage in fireside chat and Q&A session at 9:00 AM ET. Live webcast and replay available on the Company’s Investor Relations website at https://ir.katapultholdings.com/
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.5%
Tags
conferences
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Rhea-AI Summary
Katapult Holdings, Inc. (NASDAQ: KPLT) reported strong financial results for Q3 2023 with double-digit revenue growth, positive Adjusted EBITDA, and fourth consecutive quarter of gross originations growth. The company expects continued growth in Q4 and full year 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.81%
Tags
Rhea-AI Summary
Katapult Holdings, Inc. will release its Q3 2023 financial results on November 8, 2023, followed by a conference call and webcast at 8:00 AM ET. A replay will be available on the investor relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.32%
Tags
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Rhea-AI Summary
Katapult Holdings, Inc. partners with Casper to offer lease-to-own solution, unlocking purchasing power for underserved consumers. Casper expects to provide access to high-quality bedding products to more consumers. Katapult's LTO solution offers financial flexibility and no surprise fees, making it an attractive alternative to traditional financing. Merchants partnering with Katapult can benefit from access to new shoppers, higher conversion rates, and no merchant recourse from customer defaults.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.11%
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none
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Rhea-AI Summary
Katapult Holdings, Inc. to participate in Sidoti Small-Cap Conference on September 21, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.35%
Tags
conferences
Rhea-AI Summary
Katapult Holdings, Inc. to participate in H.C. Wainwright 25th Annual Global Investment Conference
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.47%
Tags
conferences
Katapult Holdings Inc

Nasdaq:KPLT

KPLT Rankings

KPLT Stock Data

37.47M
3.57M
37.52%
23.35%
1.61%
Other Commercial and Industrial Machinery and Equipment Rental and Leasing
Real Estate and Rental and Leasing
Link
United States
Plano

About KPLT

katapult provides a no credit required alternative to traditional financing. we partner with both online and brick and mortar retailers nationwide so they can provide purchasing power to the underserved sub-prime consumer market. this allows them to grow sales and attract an entirely new customer base. the options for subprime consumers are limited. they don't qualify for traditional credit so they are forced to shop at rent to own stores, where the selection and expertise are limited, buy used, or go without. with katapult, subprime customers can now have a normal shopping experience with the retailers they love both online and in-store. for our retailers the process is easy, funding is quick and there is no special equipment needed. for our online partners we have integrations with many of the major ecommerce platforms so integrating online can be a short process. plus we also support custom integrations. for the consumer, getting approved is quick and easy. with approvals up to