secwatch.observer — SEC 8-K summary
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Issuer:     Nextdoor Holdings, Inc. (NXDR)
CIK:        0001846069
Form:       8-K
Filed at:   2022-11-08T23:59:59+00:00
Accession:  0001846069-22-000053
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nextdoor Q3 revenue $54M (+2% YoY), net loss widens to $35M; guides Q4 rev $50-52M
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- Net loss of $35M (margin -64%) vs $19M loss a year ago; adjusted EBITDA loss of $18M.
- WAU grew 17% YoY to 38.3M; ARPU fell 12% to $1.41 on strong international WAU growth.
- Q4 revenue guidance $50-52M; FY 2022 implied revenue $209.5-211.5M with (36%) adjusted EBITDA margin.
- Repurchased ~23M shares for $77.2M under $100M buyback program; cash and securities $604M.
- Operating expenses rose 26% YoY to $90M; cost of revenue up 34% to $10M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1846069/000184606922000053/0001846069-22-000053-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1846069/000184606922000053/kind-20221108.htm
  HTML page:      https://secwatch.observer/filing/0001846069-22-000053

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