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)
