Klarna shares drop sharply on fourth quarter earnings miss

Klarna shares drop sharply on fourth quarter earnings miss Proactive uses images sourced from Shutterstock Klarna Group PLC (Unlisted (US):KLAR) saw its shares drop almost 25% following the release of its fourth-quarter results after the company reported a wider-than-expected net loss, despite recording its first $1 billion quarter. For Q4, the Stockholm-based buy-now, pay-later provider reported a net loss of $26 million, or $0.19 per share, compared with Wall Street expectations of a $0.02 loss. This m ...