Klarna Reports Strong Q1 Earnings and Revenue Growth
Klarna Group (NYSE:KLAR) reported better-than-expected first-quarter results, with a narrower loss of -$0.01 per share compared to forecasts for a $0.20 loss. The company's revenue rose by 44% year-on-year to $1 billion and gross merchandise volume increased by 33%. These strong financials led to shares surging over 13% in premarket trading.
Tickers: $KLAR