KVYO Earnings Prediction
The chart below shows how KVYO performed 10 days before and after its earnings report, based on data from the past quarters. Typically, KVYO sees a +2.49% change in stock price 10 days leading up to the earnings, and a +1.88% change 10 days following the report. On the earnings day itself, the stock moves by +0.17%. This data can give you a slight idea of what to expect for the next quarter's release.
KVYO Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
235.09M
33.72%
5.80%
Gross Margin
76.88%
15.54%
-0.65%
Operating Margin
-5.65%
-96.71%
-10.60%
Net Margin
-0.57%
-99.66%
-74.32%
EPS
-0.01
-99.13%
-50.00%
No Data Available
KVYO Earnings Analysis
Klaviyo, Inc. Corporation (KVYO.N) Earnings Conference Call
Positive
Revenue Surge: 1. Strong Revenue Growth: Klaviyo reported revenue of $235 million for Q3 2024, reflecting a 34% year-over-year increase.
Customer Growth Achievement: 2. Customer Base Expansion: The company added over 6,000 new customers in Q3, bringing the total to more than 157,000, a 16% increase year-over-year.
High-Value Customer Increase: 3. High-Value Customer Growth: Klaviyo saw a 54% year-over-year increase in customers generating over $50,000 in ARR, totaling 2,619 customers by the end of Q3.
International Revenue Surge: 4. International Revenue Growth: Klaviyo's international revenue grew by 41% year-over-year, with EMEA showing particularly strong growth at 45%.
Free Cash Flow Surge: 5. Free Cash Flow Increase: The company generated free cash flow of $34 million during the quarter, up 57% from the prior year, driven by higher profits and interest income.
Negative
Net Revenue Retention Decline: 1. Declining Net Revenue Retention (NRR): NRR decreased to 110%, indicating a decline in expansion opportunities, particularly in the SMB segment, which is expected to continue in the near term.
Gross Margin Decline: 2. Gross Margin Pressure: Non-GAAP gross margin fell to 78%, down 200 basis points year-over-year, primarily due to increased costs associated with the growing SMS product and early preparations for the holiday season.
Operating Income Decline: 3. Lower Operating Income Guidance: For Q4, non-GAAP operating income is expected to drop to between $7 million and $9 million, reflecting a significant decline from previous quarters due to a new employee cash bonus program.
SMB Market Challenges: 4. Softness in SMB Market: The company reported ongoing softness in the SMB market, impacting new customer acquisition and expansion, which is expected to persist into the next year.
Cash Bonus Program Impact: 5. Increased Cash Bonus Impact: The new cash bonus program is projected to impact Q4 results by low teens millions of dollars, contributing to a decline in operating margins compared to previous quarters.
KVYO FAQs
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KVYO Earning Call Sentiment
Klaviyo, Inc. (KVYO) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
KVYO.N
-1.7%Positive
The earnings call highlights strong financial performance, with revenue and customer growth, particularly in high-end markets. The company raised its full-year guidance, indicating confidence in future performance. While the decline in NRR and gross margin could be concerns, the optimistic guidance and strategic expansions, including international growth and new AI features, outweigh these. The Q&A session didn't reveal significant negative sentiment, and the partnership with Shopify adds a positive outlook. Overall, the positive elements and raised guidance suggest a stock price increase in the short term.
