secwatch.observer — SEC 8-K summary
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Issuer:     NERDWALLET, INC. (NRDS)
CIK:        0001625278
Form:       8-K
Filed at:   2022-08-05T23:59:59+00:00
Accession:  0001625278-22-000121
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NerdWallet Q2 revenue $125.2M (+37% YoY), Adj. EBITDA $12.7M; Q3 guidance $135-141M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1625278/000162527822000121/0001625278-22-000121-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1625278/000162527822000121/nrds-20220804.htm
  HTML page:      https://secwatch.observer/filing/0001625278-22-000121

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