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Klarna's Q1 revenue surges 44% to $1.01B, returns to profit
Klarna reports Q1 revenue of $1.01B, up 44% year-on-year, with GMV rising 33% to $33.7B and a $1M profit replacing a $99M loss from the prior year.
Connor Hart / Wall Street Journal: Klarna reports Q1 revenue up 44% YoY to $1.01B, above est., GMV up 33% to $33.7B, active customers up 20% to 119M, and a $1M profit, up from a $99M loss YoY — The buy now, pay later company said first-quarter revenue jumped 44% to $1.01 billion — Klarna swung to a profit in the first quarter …
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