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0 0 0.0143884892086332 -0.00239568345323745 -0.014388489208633 -0.00719424460431652 0.00719424460431652 -0.00719424460431652
Stock impact report

NerdWallet Reports First Quarter 2024 Results

NerdWallet, Inc. (NRDS) 
Company Research Source: Business Wire
Revenue of $161.9 million, Down 5% Year-Over-YearFINANCIAL HIGHLIGHTSRevenue of $161.9 millionGAAP income from operations of $3.7 millionGAAP net income of $1.1 million or $0.01 income per diluted shareNon-GAAP operating income of $10.6 millionAdjusted EBITDA of $25.5 million  SAN FRANCISCO--(BUSINESS WIRE)--NerdWallet, Inc. (Nasdaq: NRDS), which provides trustworthy financial guidance to consumers and small and mid-sized businesses (SMBs), today reported financial results for its first quarter ended March 31, 2024.“I’m proud of our Q1 results—we exceeded guidance across adjusted EBITDA and non-GAAP operating income, while hitting another record quarter for monthly unique users and growing our registered user base to over 20 million,” said Tim Chen, Co-Founder and CEO of NerdWallet. “Elevated delinquency rates and high interest rates are contributing to a tough lending environment, despite seemingly positive economic indicators. We believe these are normal cyclical dynamics, so we Show less Read more
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