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Klarna trims full-year revenue, volume outlook as German retail weakens

Klarna has adjusted its full-year volume and revenue forecasts downwards, citing difficulties in the German market. This decision resulted in a notable decrease in the company's shares during premarket trading. Nonetheless, a surprising profit in the second quarter was reported, buoyed by growth in the U.S. market, which helped mitigate some of the adverse effects of the forecast.

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Economic TimesLean R·2h ago
Klarna trims full-year revenue, volume outlook as German retail weakens
Klarna has adjusted its full-year volume and revenue forecasts downwards, citing difficulties in the German market. This decision resulted in a notable decrease in the company's shares during premarket trading. Nonetheless, a surprising profit in the second quarter was reported, buoyed by growth in the U.S. market, which helped mitigate some of the adverse effects of the forecast.
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Klarna trims full-year revenue, volume outlook as German retail weakens

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