Nextdoor Reports Third Quarter 2024 Results
Nextdoor Holdings, Inc. (KIND)
Company Research
Source: Business Wire
Revenue of $66 million, +17% year-over-year; WAU of 45.9 million, +13% year-over-yearGAAP net loss of $15 million; Adjusted EBITDA loss of $1 million, representing year-over-year margin improvement of 33 percentage pointsIncreases full-year 2024 financial outlook SAN FRANCISCO--(BUSINESS WIRE)--Nextdoor Holdings, Inc. (NYSE: KIND), the essential neighborhood network, today reported financial results for the third quarter ended September 30, 2024.Nextdoor's highlighted metrics for the quarter ended September 30, 2024 include:Total Weekly Active Users (WAU) of 45.9 million increased 13% year-over-year.Revenue of $66 million increased 17% year-over-year.Net loss was $15 million, compared to $38 million in the year-ago period.Adjusted EBITDA loss was $1 million, compared to $20 million in the year-ago period.Ending cash, cash equivalents, and marketable securities were $425 million as of September 30, 2024."Our Q3 results demonstrate improved growth and operational efficiency," said Ne
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News
- Nextdoor to Participate in Upcoming Investor ConferencesBusiness Wire
- Nextdoor Holdings Third Quarter 2024 Earnings: US$0.039 loss per share (vs US$0.10 loss in 3Q 2023) [Yahoo! Finance]Yahoo! Finance
- Nextdoor Holdings, Inc. (NYSE: KIND) had its price target raised by analysts at The Goldman Sachs Group, Inc. from $2.50 to $3.00. They now have a "neutral" rating on the stock.MarketBeat
- Nextdoor Announces Georg Petschnigg as Chief Design Officer [Yahoo! Finance]Yahoo! Finance
- Nextdoor Announces Georg Petschnigg as Chief Design OfficerBusiness Wire
KIND
Earnings
- 2/27/24 - Beat
KIND
Sec Filings
- 11/19/24 - Form 4
- 11/19/24 - Form 4
- 11/18/24 - Form 144
- KIND's page on the SEC website