Klaviyo Sees Strong Revenue Growth and Expansion in Q1 2024 Earnings Call
Thursday, 9 May 2024, 01:45
Klaviyo Q1 2024 Earnings Highlights
Revenue Growth:
- Klaviyo reported a 35% year-over-year revenue growth in Q1 2024.
- Strong performance in mid-market and international segments.
Innovative AI Features:
- New AI features driving real outcomes for customers, with over 20% adoption rate.
- Customers using Segments AI, Email AI, Forms AI, and SMS Assistant to optimize marketing strategies.
International Expansion:
- Focus on reducing complexity and increasing efficiency for European and Asian markets.
- Launch of Klaviyo portfolio streamlining multi-account management for international and mid-market customers.
Klaviyo sees continued growth opportunities with investments in productivity, AI, and international expansion driving revenue growth and customer success.
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