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KLAR — Klarna News Story

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Klarna rises after Q1 profit, revenue beat

** Klarna KLAR.N shares rise 5.8% to $14.50 premarket

** The Swedish fintech posts Q1 revenue of $1 bln, operating profit of $17 mln; both exceed expectations

** Results helped by growth in its U.S. market

** Q2 rev outlook ($960 mln - $1 bln), however, lags analysts' average expectations of $1.67 bln, per LSEG-compiled data

** 12 of 20 brokerages rate the stock "buy" or higher, eight "hold"; their median PT is $20, according to data compiled by LSEG

** Up to Wednesday's close, KLAR down 52.6% YTD

 (Reporting by Avinash P in Bengaluru)

 ((Avinash.P@thomsonreuters.com;))

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