NerdWallet Q3 revenue $152.8M (+7% YoY), above guidance; GAAP EPS -$0.01, adj. EBITDA $26.7M

NERDWALLET, INC.

2023-Q3 EPS reported -$0.12 revenue$465,700,000

Revenue $152.8M, up 7% YoY and above the high-end of prior guidance.
GAAP net loss of $0.5M ($0.01 diluted loss) vs. net income of $0.7M a year ago.
Adjusted EBITDA of $26.7M; Monthly Unique Users 24M (+22% YoY).
Loans revenue $32.9M (+16% YoY) driven by personal loans; Credit cards $54.0M (-6% YoY) on cautious partner spending.
Other verticals revenue $65.9M (+16% YoY) led by banking and SMB; insurance down.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

NERDWALLET, INC. reported third quarter ended September 30, 2023 results: revenue $152.8 million, net income $0.5 million, EPS $0.01 loss per diluted share.

Period: third quarter ended September 30, 2023
Revenue: $152.8 million
Net income: $0.5 million
EPS: $0.01 loss per diluted share
Result: reported results

Exact text from the filing

the press release is attached hereto as Exhibit 99.1 and incorporated herein by reference. --- EX-99.1 (EX-99.1) --- NERDWALLET REPORTS THIRD QUARTER 2023 RESULTS Revenue of $152.8 million, Up 7% Year-Over-Year FINANCIAL HIGHLIGHTS • Revenue of $152.8 million • GAAP net loss of $0.5 million and $0.01 loss per diluted share • Adjusted EBITDA of $26.7 million SAN

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NERDWALLET, INC. filing history →

Source: SEC EDGAR

accession 0001625278-23-000117

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