secwatch.observer — SEC 8-K summary
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Issuer:     NERDWALLET, INC. (NRDS)
CIK:        0001625278
Form:       8-K
Filed at:   2024-07-31T23:59:59+00:00
Accession:  0001625278-24-000140
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NerdWallet Q2 revenue $150.6M up 5% YoY but misses non-GAAP operating income guidance
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1625278/000162527824000140/0001625278-24-000140-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1625278/000162527824000140/nrds-20240731.htm
  HTML page:      https://secwatch.observer/filing/0001625278-24-000140

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