earnings
confidence high
sentiment positive
materiality 0.80
NerdWallet Q2 revenue $125.2M (+37% YoY), Adj. EBITDA $12.7M; Q3 guidance $135-141M
NERDWALLET, INC.
2022-Q2 EPS reported
-$0.29
revenue$254,300,000
- Revenue of $125.2M (+37% YoY); GAAP net loss $9.3M ($0.14 loss per diluted share).
- Adjusted EBITDA $12.7M vs $(10.8)M in Q2 2021; Q3 adj. EBITDA guidance $8-10M.
- Credit cards revenue $54.6M (+82% YoY); Loans revenue $24.0M (-26% YoY) on mortgage headwinds.
- Monthly Unique Users 20M (+2% YoY); Q3 revenue guidance $135-141M (+40% YoY at midpoint).
- Completed On the Barrelhead acquisition to expand lending capabilities in Q2.