Klaviyo up after annual revenue forecast raise

Klaviyo

05/08/2025 21:42

** Shares of marketing automation firm Klaviyo KVYO.N up 12% at $34.39 in extended trading, after company raises annual revenue forecast for the second time this year

** Klaviyo now expects annual revenue of $1.195 billion to $1.203 billion,  compared with prior target of $1.171 billion to $1.179 billion

** Also targets Q3 revenue between $297 mln and $301 mln, above estimates of $289.7 billion

** Q2 revenue of $293.1 mln also beats estimates of $278.7 mln

** Co's Q2 net loss widened to 9 cents from 2 cents a year ago

** YTD, stock down about 25%, as of last close

(Reporting by Juveria Tabassum in Bengaluru)

((Juveria.Tabassum@thomsonreuters.com))