Katapult Delivers 10% Revenue Growth in the Third Quarter, Above Outlook
Katapult Holdings, Inc. (KPLT)
Company Research
Source: GlobeNewswire
Eight Consecutive Quarters of Year-Over-Year Gross Originations Growth Expecting A Strong Holiday SeasonUpdates Full Year 2024 Gross Originations Outlook PLANO, Texas, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Katapult Holdings, Inc. (“Katapult” or the “Company”) (NASDAQ: KPLT), an e-commerce-focused financial technology company, today reported its financial results for the third quarter ended September 30, 2024. “We are continuing to grow across key financial and operating metrics including gross originations and revenue, and we believe we are laying the foundation for the long-term success of Katapult,” said Orlando Zayas, CEO of Katapult. “As we have grown the business, we’ve also meaningfully diversified our gross originations base. In fact, in less than four years, we have increased gross originations that exclude Wayfair from under 30% to 58% of our base, and this part of our business grew 37% year-over-year during the third quarter. Katapult Pay(R) (“KPay”) continues to be a b
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KPLT
News
- Katapult Holdings, Inc. (NASDAQ: KPLT) is now covered by analysts at Stephens. They set an "equal weight" rating and a $9.00 price target on the stock.MarketBeat
- Katapult Holdings Inc (KPLT) Q3 2024 Earnings Call Highlights: Strong Revenue Growth Amid Challenges [Yahoo! Finance]Yahoo! Finance
- What To Expect From Katapult Holdings Inc (KPLT) Q3 2024 Earnings [Yahoo! Finance]Yahoo! Finance
- Katapult to Announce Third Quarter 2024 Financial Results on November 6, 2024GlobeNewswire
- Katapult Holdings, Inc. (NASDAQ: KPLT) was upgraded by analysts at Cantor Fitzgerald to a "hold" rating.MarketBeat
KPLT
Sec Filings
- 11/26/24 - Form 8-K
- 11/14/24 - Form SC
- 11/6/24 - Form 10-Q
- KPLT's page on the SEC website