KPLT - Katapult Holdings GAAP EPS of -$0.09 beats by $0.01 revenue of $55.68M beats by $2.28M
2023-05-11 07:12:36 ET
- Katapult Holdings press release ( NASDAQ: KPLT ): Q1 GAAP EPS of -$0.09 beats by $0.01 .
- Revenue of $55.68M (-7.0% Y/Y) beats by $2.28M .
- Q2 Outlook : A 15%-17% year-over-year increase in gross originations, building on the 17.3% year-over-year increase in Q1 2023; The lag between gross originations and revenue is expected to result in roughly flat year-over-year revenue performance for the second quarter, generating revenue growth in future quarters; Solid improvement in year-over-year Adjusted EBITDA reflecting improved revenue and low-double-digit fixed cash operating expense reduction.
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Katapult Holdings GAAP EPS of -$0.09 beats by $0.01, revenue of $55.68M beats by $2.28M