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Klarna swings to $3 million adjusted profit in Q1

Summary by WTVB
COPENHAGEN (Reuters) – Swedish fintech Klarna, which last month paused plans for an initial public offering, reported a first-quarter adjusted profit of $3 million on Monday, lifted by growing volumes in the United States and efficiency gains from artificial intelligence. Klarna’s comparable result for the January-March period of 2024 stood at a loss of $2 million when adjusting for the sale of its Klarna Checkout (KCO) business. The company sai…

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CNBC broke the news in United States on Monday, May 19, 2025.
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