Klaviyo, Inc. Stock Price, News & Analysis

Klaviyo (NYSE: KVYO), a company specializing in digital relationship management, has announced the participation of its executives in two upcoming investor events on September 10, 2024. Ed Hallen, Co-Founder and Chief Product Officer, will engage in a fireside chat at the Piper Sandler Growth Frontiers Conference at 11:00 a.m. PT. Later that day, Andrew Bialecki, Co-Founder and CEO, will participate in a similar session at the Goldman Sachs Communacopia and Technology Conference at 4:25 p.m. PT.

Klaviyo's platform enables businesses to utilize their first-party data from over 350 integrations to deliver personalized messages across email, SMS, and push notifications. The company serves more than 151,000 paying customers, including well-known brands like Mattel, TaylorMade, and Liquid Death. Live webcasts and replays of the investor events will be available on Klaviyo's investor relations website.

Klaviyo (NYSE: KVYO) announced that its Co-Founder and CEO, Andrew Bialecki, will participate in a fireside chat at the 44th Annual Canaccord Growth Conference on Wednesday, August 14, 2024, at 11:00 a.m. ET (8:00 a.m. PT).

A live webcast and replay will be available on Klaviyo's investor relations website. Klaviyo specializes in enabling businesses to harness their own data for high-value outcomes through its modern SaaS platform, which integrates with over 350 applications. Notable users include Mattel, TaylorMade, and Liquid Death among its 151,000+ paying customers.

Investor Relations: Andrew Zilli at ir@klaviyo.com. Press Contact: Lacey Berrien at press@klaviyo.com.

Klaviyo (NYSE: KVYO) announced its Q2 2024 financial results showing a strong performance with a 35% YoY revenue growth to $222.2 million. The company also increased its full-year 2024 revenue guidance.

Klaviyo expanded its AI suite and SMS offerings, integrating with key platforms like TikTok and Pinterest. The number of customers grew to over 151,000, with a notable 64% increase in customers generating over $50,000 ARR.

However, Klaviyo reported an operating loss of $(14.1) million, compared to an operating income of $7.0 million in Q2 2023. Net loss per share was $(0.02), down from $0.05 per share last year.

Financial highlights include a gross profit of $171.9 million (77% margin) and a non-GAAP operating income of $34.3 million (15% margin). Cash flow stood strong with $37 million free cash flow and $794.6 million in cash reserves. Guidance for FY 2024 projects revenues between $910.0 million and $918.0 million.

Klaviyo (NYSE: KVYO), a company focused on powering smarter digital relationships, has announced that it will release its second quarter 2024 financial results on Wednesday, August 7, 2024, after the U.S. financial markets close. The company will host a live audio webcast at 4:30 p.m. ET / 1:30 p.m. PT on the same day to discuss the results.

Investors and interested parties can access the news release containing the financial results and a link to the webcast on Klaviyo's investor relations website (https://investors.klaviyo.com). For those unable to attend the live event, a replay of the webcast will be made available on the same website following the call.

Klaviyo (NYSE: KVYO) has announced the expansion of its AI suite with three new features: Flows AI, personalized campaigns, and review sentiment AI. These tools aim to enhance marketers' capabilities by allowing the creation of complex marketing flows, optimizing A/B testing, and analyzing product reviews for actionable insights. According to the company, these features can help marketers work faster, generate new ideas, and drive business growth. Early adopters of personalized campaigns have seen a 26% increase in email open rates or SMS click rates. The new tools are designed to help brands build stronger customer relationships and drive revenue.

Klaviyo (NYSE: KVYO) has announced a new integration with TikTok, enabling businesses to sync their Klaviyo lists and segments to TikTok Audiences. This integration, targeting TikTok's over 1 billion users, aims to enhance return on ad spend (ROAS), deliver personalized advertisements, and build high-impact lookalike audiences. The integration aligns with the growing trend of social commerce, which is projected to reach $80 billion in US retail sales by 2025. Klaviyo customers can now dynamically sync segments in real-time to ensure up-to-date audiences, track ad performance, and optimize strategies. The integration promises to help brands connect more authentically with consumers and drive revenue growth through hyper-personalized, non-disruptive experiences within TikTok.

Klaviyo (NYSE: KVYO) announced that CFO Amanda Whalen will participate in a fireside chat at the William Blair Growth Stock Conference on June 6, 2024, at 9:00 a.m. ET. The event will be webcast live, with replays available on Klaviyo's investor relations website. Klaviyo specializes in enhancing digital relationships through its SaaS platform, allowing businesses to utilize first-party data effectively. The platform supports over 350 integrations, helping clients like Good American and TaylorMade engage and retain customers through tailored messaging across email, SMS, and push notifications.

Klaviyo (NYSE: KVYO) announced its first quarter 2024 financial results, showing impressive growth with $210.0 million in revenue, a 35% year-over-year increase. The company expanded its platform internationally, saw a rise in customer numbers, and achieved strong financial performance. Key highlights include new product launches, customer growth, and strategic hires. The financial outlook for Q2 and FY24 remains positive, with revenue and non-GAAP operating income guidance provided. Klaviyo continues to invest in driving growth and efficiency.

Klaviyo has launched the Klaviyo Portfolio, a platform designed to cater to the needs of global and multi-account customers. The company aims to simplify the management of multiple accounts for businesses by offering insights, forecasting, faster execution, and simpler operations. This launch also marks the expansion of Klaviyo's international presence with new offices opening in Sydney, Australia, and London, UK.