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Klaviyo, Inc. (symbol: KVYO) is a prominent technology company specializing in marketing automation within the eCommerce sector. Klaviyo provides a robust software-as-a-service (SaaS) platform that empowers businesses to deliver timely and personalized messages across email, SMS, and push notifications. By leveraging machine learning and artificial intelligence, the platform enables its users to accurately measure performance, predict outcomes, and execute targeted actions and campaigns.
The company's core offering is a unified solution that integrates proprietary data and application layers. This comprehensive approach helps companies streamline their marketing efforts and optimize customer engagement. Klaviyo's platform is designed to simplify complex marketing tasks, making it accessible for businesses of all sizes.
Klaviyo generates revenue through subscription sales, allowing customers to access its advanced marketing tools. The majority of its revenue comes from the Americas, with a significant portion also being generated from the EMEA and APAC regions.
Recent achievements include strategic partnerships and enhancements to its platform, aimed at delivering even greater value to its users. Klaviyo is continuously innovating to stay ahead in the competitive SaaS landscape, focusing on expanding its capabilities and improving user experience.
Stay updated with the latest news and developments from Klaviyo, Inc. to get insights into its performance, current projects, and future prospects.
Klaviyo (NYSE: KVYO) reported significant achievements during Black Friday Cyber Monday (BFCM) 2023, helping over 157,000 brands generate $3 billion in Klaviyo Attributed Value. The company delivered more than 18 billion messages, with over 15,000 customers experiencing their best sales day ever. Key findings showed that smaller discounts (10-15% and 20-25%) outperformed steep ones, highlighting consumer preference for brand loyalty over bigger savings. Brands that added SMS marketing saw a 20% year-over-year increase in ecommerce revenue. The platform noted a 60% increase in integration events per customer, while AI tools showed increased adoption for campaign optimization and content generation.
Klaviyo (NYSE: KVYO) has announced its participation in two upcoming investor events. Chief Financial Officer Amanda Whalen will join fireside chats at the Wells Fargo 8th Annual TMT Summit on December 3, 2024, at 3:00 p.m. PT, and the Barclay's 22nd Annual Global Technology Conference on December 11, 2024, at 4:15 p.m. PT.
The company, which provides a SaaS platform for digital relationship management, offers integrations with over 350 services and serves more than 157,000 paying customers, including notable brands like Mattel, TaylorMade, Liquid Death, and Stanley 1913. Live webcasts and replays will be available on Klaviyo's investor relations website.
Klaviyo (NYSE: KVYO) introduced Extended ID, a solution extending identity tracking up to one year using first-party identity graph. This no-added-cost tool helps brands combat the shrinking lifespan of tracking data and changing cookie landscape. Extended ID enables better website tracking and customer identification, allowing companies to create smarter segments and implement more precise, personalized campaigns.
The solution addresses challenges posed by stricter browser restrictions that limit cookie life to a week or less, which affects customer recognition and personalization efforts. This technology advancement aims to help brands maintain unified customer profiles and deliver seamless, personalized experiences across channels.
Klaviyo (NYSE: KVYO) announced its Q3 2024 financial results, reporting a revenue of $235.1 million, marking a 34% year-over-year growth. The company also raised its full-year 2024 revenue guidance. Key initiatives included international and upmarket expansion and enhancements in their leadership team within R&D. Klaviyo launched its platform in five new languages and expanded its SMS offering to 18 countries. The company secured new deals with brands like Authentic Brands Group and The Body Shop. By the end of Q3 2024, Klaviyo had over 157,000 customers, a 16% increase from the previous year, and saw a 54% increase in customers generating over $50,000 of ARR. Financial highlights include a gross profit of $180.7 million, a non-GAAP operating income of $33.7 million, and an operating loss of $(13.3) million. The company also reported a net loss per share of $(0.01). For Q4 2024, Klaviyo projects revenue between $256.0 million and $258.0 million.
Klaviyo (NYSE: KVYO), a company specializing in powering smarter digital relationships, has announced that it will release its third quarter 2024 financial results after the U.S. financial markets close on Wednesday, November 6, 2024. Following the release, Klaviyo 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.
The company will make both the news release containing the financial results and a link to the webcast available on its investor relations website (https://investors.klaviyo.com). For those unable to attend the live event, a replay of the webcast will be accessible on the same website following the call.
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.
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