NerdWallet Q4 revenue $133.7M, down 6% YoY; GAAP net loss $2.3M

NERDWALLET, INC.

2023-FY EPS reported -$0.15 revenue$599,400,000

Q4 revenue $133.7M, down 6% YoY; full-year revenue $599.4M, up 11% YoY.
GAAP net loss $2.3M ($0.03/diluted share) in Q4; full-year net loss $11.8M ($0.15/share).
Non-GAAP operating income $12.6M in Q4; adjusted EBITDA $29.3M (Q4) and $97.6M (FY).
Credit cards revenue fell 18% YoY to $43.2M; loans up 5%; SMB products up 6%; emerging verts down 3%.
Average monthly unique users 24M, up 24% YoY; management cites cautious optimism for 2024 recovery.

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 0.9

NERDWALLET, INC. reported the full year ended December 31, 2023 results: revenue $599.4 million, net income $11.8 million or $0.15 loss per diluted share, EPS $(0.15) loss per diluted share.

Period: the full year ended December 31, 2023
Revenue: $599.4 million
Net income: $11.8 million or $0.15 loss per diluted share
EPS: $(0.15) loss per diluted share
Result: reported results

Exact text from the filing

REPORTS FOURTH QUARTER AND FULL YEAR 2023 RESULTS Fourth Quarter Revenue of $133.7 million, Down 6% Year-Over-Year FINANCIAL HIGHLIGHTS • Revenue of $133.7 million for Q4’23 and $599.4 million for full year 2023 • GAAP income from operations of $4.6 million for Q4’23 and $3.6 million for full year 2023 • GAAP net loss of $2.3 million or $0.03 loss per diluted share for

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

NERDWALLET, INC. reported the fourth quarter ended December 31, 2023 results: revenue $133.7 million, net income $2.3 million or $0.03 loss per diluted share, EPS $(0.03) loss per diluted share.

Period: the fourth quarter ended December 31, 2023
Revenue: $133.7 million
Net income: $2.3 million or $0.03 loss per diluted share
EPS: $(0.03) loss per diluted share
Result: reported results

Exact text from the filing

NERDWALLET REPORTS FOURTH QUARTER AND FULL YEAR 2023 RESULTS Fourth Quarter Revenue of $133.7 million, Down 6% Year-Over-Year

View on SEC.gov

51 earnings releases filed in the last 30 days. Browse all earnings releases →

NERDWALLET, INC. filing history →

Source: SEC EDGAR

accession 0001625278-24-000008

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.