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Klaviyo, Inc. (NYSE:KVYO ) Q1 2024 Earnings Conference Call May 8, 2024 4:30 PM ET Company Participants Jack Grant - Senior Director of Investor Relations and Strategic Finance Andrew Bialecki - Co-Founder and Chief Executive Officer Amanda Whalen - Chief Financial Officer Conference Call Participants Arjun Bhatia - William Blair Robert Oliver - Baird Katie Keyser - Morgan Stanley Callie Valenti - Goldman Sachs Brent Bracelin - Piper Sandler Raimo Lenschow - Barclays Scott Berg - Needham Terry Tillman - Truist Securities Siti Panigrahi - Mizuho Group Derrick Wood - TD Cowen Tyler Radke - Citi DJ Hynes - Canaccord Nick Altmann - Scotiabank Kyle Diehl - KeyBanc Operator Good afternoon, and welcome to Klaviyo's First Quarter of Fiscal 2024 Earnings Conference Call. After the speakers' remarks, there will be a question-and-answer session.
BOSTON--(BUSINESS WIRE)--Klaviyo, Inc. (NYSE: KVYO), the company that powers smarter digital relationships, plans to announce its financial results for the first quarter of fiscal year 2024 after market close on Wednesday, May 8, 2024. Klaviyo will host a live audio webcast at 4:30pm ET (1:30pm PT) on Wednesday, May 8, 2024 to discuss the results. The news release with the financial results and a link to the webcast will both be accessible on Klaviyo's investor relations website (https://invest.
Marketing automation Guru, Klaviyo, reported excellent revenue and earnings growth and provided positive guidance. Anti-Spam rules have not dented Klaviyo's business, instead Klaviyo is using it as an opportunity to help customers achieve compliance with the rules. Klaviyo is making a case for automation AI, as a seamless and integrated approach for using AI for marketing.
Klaviyo is a marketing automation platform valued at $9.2 billion that has not performed well since going public. The stock is down about 20% today. Despite operating at losses, Klaviyo has demonstrated the ability to grow rapidly while expanding margins. The demand for Klaviyo's marketing platform is expected to continue due to trends in first-party data marketing, multichannel commerce, and generative AI.
Klaviyo CEO Andrew Bialecki joins Ed Ludlow and Caroline Hyde to discuss the company's recent earnings results and launch of Klaviyo AI, the company's new suite of AI capabilities. He speaks on "Bloomberg Technology.
Klaviyo shares gained 1.4% in pre-market trading after the marketing automation firm unveiled solid results alongside its new range of artificial intelligence-powered offerings. Revenue of US$201.60 for the fourth quarter, which was up 39% on a year earlier, came in higher than consensus estimates for US$196.12, the firm said after hours on Tuesday.
Klaviyo, Inc. (KVYO) Q4 2023 Earnings Call Transcript
BOSTON--(BUSINESS WIRE)--Klaviyo, Inc. (NYSE: KVYO), the company that powers smarter digital relationships, plans to announce its financial results for the fourth quarter and fiscal year 2023 after market close on Tuesday, February 27, 2024. Klaviyo will host a live audio webcast at 4:30pm ET (1:30pm PT) on Tuesday, February 27, 2024 to discuss the results. The news release with the financial results and a link to the webcast will both be accessible on Klaviyo's investor relations website (http.
Klaviyo's integrated data platform has several competitive advantages over its competitors in the marketing automation industry. The advent of AI and machine learning solutions should provide a further fillip to Klaviyo's prospects. Klaviyo's integration of customer and automated marketing data will allow it to build a moat.
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