Shares of Klaviyo, Inc. (KVYO) surged 5.70% in after-hours trading on Tuesday, following the release of its impressive first-quarter earnings report and raised guidance for the upcoming periods. The marketing automation company demonstrated robust financial performance, exceeding analyst expectations and showcasing strong year-over-year growth.
Klaviyo reported adjusted earnings per share of $0.14 for Q1, surpassing the analyst consensus estimate of $0.12 by 16.67%. This represents a 7.69% increase from the same period last year. The company's quarterly sales reached $279.83 million, beating the analyst consensus estimate of $267.83 million by 4.48% and marking a significant 33.26% year-over-year growth.
Looking ahead, Klaviyo raised its guidance for both Q2 and the full fiscal year 2025. The company anticipates Q2 revenue between $276 million and $280 million, above the consensus estimate of $275.8 million. Additionally, Klaviyo increased its FY25 revenue guidance to a range of $1.171 billion to $1.179 billion, projecting a year-over-year growth of 25% to 26%. The company also expects a strong Q2 operating margin of 10%-11%, further boosting investor confidence in its profitability and growth prospects.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.