earnings
confidence high
sentiment positive
materiality 0.80
Nextdoor Q3 revenue $52.7M (+66% YoY); raises FY21 revenue growth guidance to 50-52%
Nextdoor Holdings, Inc.
2022-Q3 EPS reported
-$0.64
revenue$132,870,000
- Revenue $52.7M, up 66% YoY; Global WAU 33M (+20% YoY); annualized ARPU $6.46 (+38% YoY).
- Net loss $19M (37% margin) vs 60% margin a year ago; Adj EBITDA loss $8M (15% margin).
- Completed de-SPAC on Nov 5, 2021, raising $674M gross proceeds; now trading on NYSE as KIND.
- FY21 revenue growth guidance raised to 50-52% (prior 47%); Adj EBITDA loss guided to $47-48M.
- International WAU grew 40% YoY; UK revenue nearly doubled YoY.