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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.

The stocks of long-neglected small companies are finally showing signs of life as the market rally broadens. But these tiny companies still remain vastly undervalued.

The U.S. IPO market has been relatively sluggish this year with 149 IPOs. At the same time, disappointing stories outnumbered businesses that created value.

Klaviyo CEO Andrew Bialecki joins Caroline Hyde and Ed Ludlow to discuss his insights on Black Friday and Cyber Monday becoming global holidays, and why he is seeing consumers largely buying from the brands they love. He speaks on "Bloomberg Technology.

Klaviyo, Inc. shares have fallen to lows in the mid-twenties since going public in September. Concerns about realistic margins and slower growth raise caution about the company's value for shareholders. Klaviyo's platform helps businesses use their own data to create personalized consumer experiences, but uncertainties remain about operating margins and future growth.

First their initial public offerings fizzled in the days following their debuts. Now their earnings have disappointed.

Digital-marketing platform Klaviyo Inc. on Tuesday said it attracted more deep-pocketed customers and more customers overall during the third quarter, but its losses swelled and its fourth-quarter sales forecast came up short of Wall Street's estimates.

The company also provided a slightly better-than-expected revenue forecast for the December quarter.