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Stock impact report

Nextdoor's (NYSE:KIND) Q1: Beats On Revenue, Stock Soars [Yahoo! Finance]

Nextdoor Holdings, Inc. (KIND) 
Company Research Source: Yahoo! Finance
Guidance for next quarter's revenue was also optimistic at $58 million at the midpoint, 2.8% above analysts' estimates. It made a GAAP loss of $0.07 per share, improving from its loss of $0.09 per share in the same quarter last year. Is now the time to buy Nextdoor? Find out in our full research report Nextdoor (KIND) Q1 CY2024 Highlights: Revenue: $53.15 million vs analyst estimates of $50.81 million (4.6% beat) Adjusted EBITDA: ($14.0) million loss vs analyst estimates of ($19.6) million loss (beat) EPS: -$0.07 vs analyst estimates of -$0.09 (22.2% beat) Revenue Guidance for Q2 CY2024 is $58 million at the midpoint, above analyst estimates of $56.4 million (adjusted EBITDA guidance for the period also slightly ahead) Gross Margin (GAAP): 81.2%, up from 80.1% in the same quarter last year Free Cash Flow was -$13.65 million compared to -$14.94 million in the previous quarter Weekly Active Users: 43.4 million, up 1 million year on year Market Capitalization: $866 mi Show less Read more
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