Klaviyo, Inc. Provides Earnings Guidance for the First Quarter and Full Year of 2024
February 27, 2024 at 09:30 pm
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Klaviyo, Inc. provided earnings guidance for the first quarter and full year of 2024. For the first quarter, the company expected revenue to be in the range of $201 million to $203 million, representing growth of 29% to 30% year-over-year.
For the full year, the company are guiding revenue to be in the range of $889 million to $897 million, representing growth of 27% to 28% year-over-year.
Klaviyo, Inc. provides businesses with technology that captures, stores, analyzes, and predictively uses their own data to drive measurable outcomes. It provides software that brings consumers' first-party data together and uses it to create and deliver personalized consumer experiences across digital channels. Its Software as a Service (SaaS) platform combines its data and application layers into one vertically integrated solution with advanced machine learning and artificial intelligence capabilities. This enables business users of any skill level to harness their data in order to send the right message at the right time across email, SMS, and push notifications, measure and predict performance, and deploy the specific actions and campaigns that drive the highest impact. It is focused on marketing automation within e-commerce as its first application use case. It integrates its data layer and marketing application enabling businesses to create and store unified consumer profiles.