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
Show less
Read more
Impact Snapshot
Event Time:
KPLT
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
KPLT alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
KPLT alerts
High impacting Katapult Holdings, Inc. news events
Weekly update
A roundup of the hottest topics
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
- 11/14/24 - Form SC
- 11/6/24 - Form 10-Q
- 11/6/24 - Form 8-K
- KPLT's page on the SEC website