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Klarna's Q1 Blowout: Stock Surges on Crushing Results
Published 2 days, 1 hour ago
Description
Klarnas Q1 results soar, with revenue up 44% and GMV climbing 33% to $1.1B and $34B respectively. The company turned a profit of $1M, surpassing analysts expectations. Shares surged as investors bet on Klarnas buy now pay later model amid rising prices. The company remains bullish on its full-year targets, positioning it for continued dominance in the buy now pay later market.
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