Klarna Q3 revenue beats estimates in first earnings report after IPO

STOCKHOLM (Reuters) -Swedish fintech Klarna on ​Monday reported a 26%‌ jump in third-quarter revenue,‌ beating expectations in its first report as a public company and forecast revenue to ⁠cross $1 ‌billion in the current quarter, backed mainly ‍by growth in U.S. markets.

The buy now, pay later ​lender, which went public ‌in September, reported revenue of $903 million, beating analysts’ expectations of $882 million, according to data ⁠compiled by LSEG.

The ​company, however,​ reported a net loss of $95 million, ‍compared ⁠with a profit of $12 million in the year-ago ⁠period.

(Reporting by Supantha Mukherjee ‌in Stockholm, editing ‌by Terje Solsvik)