Nextdoor Q3 revenue $52.7M (+66% YoY); FY 2021 growth expected to accelerate

Nextdoor Holdings, Inc.

2022-Q3 EPS reported -$0.64 revenue$132,870,000

Q3 revenue $52.7M, up 66% year over year; ARPU $1.61 (+38% YoY); Weekly Active Users 33M (+20%).
Full-year 2021 revenue growth expected to accelerate vs FY 2020 growth of 49% and prior 47% guidance.
Nextdoor to release full Q3 results on Nov 10, 2021 after market close; call at 2 PM PT.
Metrics show continued scaling of community and increased monetization per Nextdoor CEO Sarah Friar.

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