Klarna swings to $3 million adjusted profit in Q1
5 Articles
5 Articles
Klarna swings to $3 million adjusted profit in Q1
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…
Klarna doubles losses in first quarter as IPO remains on hold - Los Angeles Weekly Times
Sebastian Siemiatkowski, CEO of Klarna, speaking at a fintech event in London on Monday, April 4, 2022. Chris Ratcliffe | Bloomberg via Getty Images Klarna saw its losses jump in the first quarter as the popular buy now, pay later firm applies the brakes on a hotly anticipated U.S. initial public offering. The Swedish payments startup said its net loss for the first three months of 2025 totaled $99 million — significantly worse than the $47 mil…
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