Katapult (NASDAQ:KPLT) Issues Quarterly Earnings Results, Misses Expectations By $1.03 EPS

Katapult (NASDAQ:KPLT) announced its quarterly earnings data on Friday. The company reported ($2.12) EPS for the quarter, missing the consensus estimate of ($1.09) by ($1.03), Zacks reports. Katapult updated its FY 2025 guidance to EPS and its Q1 2025 guidance to EPS.

Katapult Trading Down 8.4 %

KPLT traded down $1.09 during midday trading on Friday, reaching $11.90. The company’s stock had a trading volume of 26,895 shares, compared to its average volume of 37,703. Katapult has a 1 year low of $5.08 and a 1 year high of $23.54. The stock’s 50-day moving average is $10.50 and its 200-day moving average is $8.89. The firm has a market capitalization of $52.23 million, a price-to-earnings ratio of -1.44 and a beta of 1.64.

About Katapult

Katapult Holdings, Inc, an e-commerce focused financial technology company, provides e-commerce point-of-sale lease-purchase options for nonprime consumers in the United States. The company's technology platform provides nonprime consumers with a lease purchase option to enable them to obtain durable goods from its network of e-commerce retailers.