secwatch.observer — SEC 8-K summary
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Issuer:     NERDWALLET, INC. (NRDS)
CIK:        0001625278
Form:       8-K
Filed at:   2023-02-14T23:59:59+00:00
Accession:  0001625278-23-000010
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NerdWallet Q4 revenue $142M (+43% YoY), beats guidance; Q1 outlook $165-170M
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- Q4 revenue $142.0M (+43% YoY); GAAP net income $8.9M ($0.12 diluted EPS); Adj. EBITDA $31.0M.
- FY2022 revenue $538.9M (+42% YoY); GAAP net loss $10.2M; Adj. EBITDA $67.1M (+148% YoY).
- Credit cards rev $53.1M (+52%); loans $22.4M (-24% on mortgage headwinds); other verticals $66.5M (+90%).
- Q1 2023 guide: revenue $165-170M (30% YoY growth at midpoint); Adj. EBITDA $17-19M; expects annual margin expansion.
- Ended Q4 with $83.9M cash; repaid $70M credit facility draw, no outstanding debt.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1625278/000162527823000010/0001625278-23-000010-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1625278/000162527823000010/nrds-20230214.htm
  HTML page:      https://secwatch.observer/filing/0001625278-23-000010

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