Katapult Grows First Quarter Revenue 18% Year-Over-Year
Katapult Holdings, Inc. (KPLT)
Company Research
Source: GlobeNewswire
Sixth Consecutive Quarter of Year-Over-Year Gross Originations Growth Reiterates Full Year 2024 Outlook For At Least 10% Gross Originations and Revenue Growth PLANO, Texas, May 15, 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 first quarter ended March 31, 2024. “We were able to deliver gross originations and revenue growth above our expectations, despite a challenging retail environment,” said Orlando Zayas, CEO of Katapult. “We continue to execute against the core tenets of our merchant and customer strategies, and our progress is showing up in our financial results. Our non-Wayfair gross originations grew 9% during the first quarter, Katapult Pay(R) gross originations grew by more than 150% and our repeat purchase rate remained strong at 56%. We are consistently launching features and capabilities that increase our value proposit
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KPLT
News
- Katapult Launches Katapult Layoff Insurance Powered by Harmonic [Yahoo! Finance]Yahoo! Finance
- Katapult Launches Katapult Layoff Insurance Powered by HarmonicGlobeNewswire
- Katapult Announces Katapult Cartridge for B2C Commerce on Salesforce AppExchange [Yahoo! Finance]Yahoo! Finance
- Katapult Announces Katapult Cartridge for B2C Commerce on Salesforce AppExchangeGlobeNewswire
- Katapult to Announce First Quarter 2024 Financial Results on May 15, 2024GlobeNewswire
KPLT
Sec Filings
- 6/25/24 - Form 424B3
- 6/25/24 - Form EFFECT
- 6/11/24 - Form 8-K
- KPLT's page on the SEC website