Klarna Reports Q2 Profit and Revenue Growth, Trims Volume Outlook
Klarna announced a profit and revenue growth for the second quarter, although the company has trimmed its volume outlook. This financial update comes as Klarna widens its user offerings, with Germany noted as a drag on profitability.
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Klarna Cuts Revenue Guidance as It Widens User Offerings
Klarna Group Plc cut its expectations for how much revenue it will generate this year, citing foreign exchange pressures and volumes in Germany, even as it reported a profit beat for the second straight quarter.
By Charlie Wells
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