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00:02Klarna shares edged higher Wednesday pre-market after plunging 22.8% Tuesday as investors weighed
00:10second quarter results and a weaker 2026 sales outlook, according to Benzinga. The Buy Now
00:15pay later company reported earnings of one cent per share, beating estimates for a five cent loss.
00:21Revenue rose 27% to $1.042 billion topping expectations. Klarna said weakness in German
00:29consumer spending has continued into the third quarter and expects only marginal growth in its
00:34largest market. The company forecasts third quarter revenue of $940 million to $980 million
00:40below estimates of $1.108 billion surge year. Klarna also lowered its 2026 GMV outlook and
00:47expects revenue of $4.08 billion to $4.16 billion below analyst expectations.
00:54Shares were up 0.40% at $15.12 during pre-market trading on Wednesday,
00:59according to Benzinga Pro data. For all things money, visit Benzinga.com.
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