secwatch.observer — SEC 8-K summary
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Issuer:     NERDWALLET, INC. (NRDS)
CIK:        0001625278
Form:       8-K
Filed at:   2022-05-03T23:59:59+00:00
Accession:  0001625278-22-000052
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NerdWallet Q1 revenue $129.1M (+43% YoY); Q2 guidance $118-121M
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- Revenue $129.1M (+43% YoY); GAAP net loss $10.5M ($0.16 diluted EPS) vs $12.9M loss prior year.
- Adjusted EBITDA $8.9M vs $3.2M prior year; margin improved to 7% from 4%.
- Credit cards revenue $45.2M (+97%); Loans $34.3M (+6%); Other verticals $49.6M (+43%).
- Average MUUs 22M (-3% YoY); driven by strong engagement in SMB and credit cards offset by investing vertical.
- Q2 2022 guidance: revenue $118-121M, Adj. EBITDA $8-10M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1625278/000162527822000052/0001625278-22-000052-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1625278/000162527822000052/nrds-20220503.htm
  HTML page:      https://secwatch.observer/filing/0001625278-22-000052

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer