earnings
confidence high
sentiment negative
materiality 0.75
Nextdoor Q2 revenue $55M (+19% YoY), net loss $37M; FY22 revenue guidance cut to $220-225M
Nextdoor Holdings, Inc.
2022-Q2 EPS reported
-$0.18
revenue$105,541,000
- Q2 revenue $55M (+19% YoY); WAU 36.9M (+26% YoY); ARPU $1.48 (-6% YoY).
- Net loss $37M (-68% margin); Adjusted EBITDA loss $20M (-37% margin).
- Q3 revenue guidance $53-55M; FY2022 revenue outlook lowered to $220-225M.
- Board authorized $100M share repurchase; $10.5M repurchased in Q2.
- Cash $666M; headcount up 27% YoY; scaling back hiring to critical roles.