Nextdoor Q1 revenue $51M (+48% YoY); WAU 36.7M (+33%); guides Q2 rev $54-56M

Nextdoor Holdings, Inc.

2022-Q1 EPS reported -$0.09 revenue$51,000,000

Revenue $51M, up 48% YoY; net loss $33M (65% margin) vs $27M (73% margin) year ago.
Weekly active users 36.7M, +33% YoY; ARPU $1.39, +12% YoY.
Adjusted EBITDA loss $20M (39% margin), improved from $17M loss (49% margin).
Q2 2022 revenue guidance $54-56M; FY 2022 revenue guidance $252-256M (range widened, high end unchanged).
Cash & marketable securities $712M; international WAU accelerated to +55% YoY.

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