NerdWallet Reports First Quarter 2024 Results [Yahoo! Finance]
NerdWallet, Inc. (NRDS)
Company Research
Source: Yahoo! Finance
GAAP net income of $1.1 million or $0.01 income per diluted share Non-GAAP operating income of $10.6 million Adjusted EBITDA of $25.5 million SAN FRANCISCO, April 25, 2024 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 are focused on the long term to grow from cycle to cycle." "While our Q1 revenue declined 5% year-over-year as we f
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NRDS
Earnings
- 4/25/24 - Beat
NRDS
Sec Filings
- 4/26/24 - Form 8-K
- 4/25/24 - Form 10-Q
- 4/25/24 - Form 8-K
- NRDS's page on the SEC website