earnings
confidence high
sentiment negative
materiality 0.70
NerdWallet Q2 revenue $150.6M up 5% YoY but misses non-GAAP operating income guidance
NERDWALLET, INC.
2024-Q2 EPS reported
-$0.11
revenue$312,500,000
- Revenue $150.6M, up 5% YoY; GAAP net loss $9.4M ($0.12 loss per diluted share).
- Adjusted EBITDA $14.3M; non-GAAP operating loss $2.7M (missed guidance due to organic search headwinds).
- Credit cards revenue down 10% YoY to $46.1M; loans down 6% to $21.7M; emerging verticals up 25% to $56.7M.
- Average monthly unique users 23M, up 7% YoY.