secwatch.observer — SEC 8-K summary
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Issuer:     NERDWALLET, INC. (NRDS)
CIK:        0001625278
Form:       8-K
Filed at:   2023-10-26T23:59:59+00:00
Accession:  0001625278-23-000117
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1625278/000162527823000117/0001625278-23-000117-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1625278/000162527823000117/nrds-20231026.htm
  HTML page:      https://secwatch.observer/filing/0001625278-23-000117

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