Boston-based marketing-automation company’s financial results

  • Klaviyo’s loss widened in the third quarter
  • Loss of $297.1 million, compared to $23.9 million last year
  • Revenue rose to $175.8 million, beating expectations

Klaviyo, the Boston-based marketing-automation company, reported a widening loss in the third quarter as it disclosed its financial results for the first time as a public company. The company posted a loss of $297.1 million, or $1.24 a share, compared to a loss of $23.9 million, or 10 cents a share, in the same period last year. However, revenue rose to $175.8 million, surpassing expectations and beating the $167.2 million forecasted by analysts.

Factuality Level: 8
Factuality Justification: The article provides specific financial information about Klaviyo’s third-quarter results, including the loss and revenue figures. It also mentions the expectations of analysts, which can be verified. However, the article lacks additional context or analysis, making it somewhat limited in terms of providing a comprehensive understanding of Klaviyo’s financial performance.
Noise Level: 7
Noise Justification: The article provides relevant financial information about Klaviyo’s third-quarter performance as a public company. It includes the company’s loss and revenue figures, as well as analyst expectations. However, it lacks analysis, context, and actionable insights. The article stays on topic and supports its claims with data, but it does not explore long-term trends, antifragility, or accountability.
Financial Relevance: Yes
Financial Markets Impacted: The financial results of Klaviyo as a public company may impact its stock price and investor sentiment.
Presence Of Extreme Event: No
Nature Of Extreme Event: No
Impact Rating Of The Extreme Event: No
Rating Justification: The article discusses the financial results of Klaviyo, a marketing-automation company. While there is no mention of an extreme event, the financial performance of a public company can have implications for financial markets and investors.
Public Companies: Klaviyo (N/A)
Key People:

Reported publicly: www.marketwatch.com