secwatch.observer — SEC 8-K summary
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Issuer:     Nextdoor Holdings, Inc. (NXDR)
CIK:        0001846069
Form:       8-K
Filed at:   2023-08-08T23:59:59+00:00
Accession:  0001846069-23-000042
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nextdoor Q2 rev $56.9M (+4% YoY), WAU 41.6M (+13%); guides Q3 ~4% rev growth
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- Revenue of $56.9M grew 4% YoY, driven by mid-market, small biz, and agency partnerships.
- Net loss narrowed to $35.4M from $36.8M; adjusted EBITDA loss $18.6M (margin -33%), improving 4pts YoY.
- WAU 41.6M (+13% YoY); ARPU $1.37 (-7% YoY but +17% QoQ). Cash $551.6M.
- Full year 2023: expects mid-single-digit rev growth and adjusted EBITDA margin improvement.
- AI-powered content distribution and Ad Server now serving 100% of US SMB demand.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1846069/000184606923000042/0001846069-23-000042-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1846069/000184606923000042/kind-20230808.htm
  HTML page:      https://secwatch.observer/filing/0001846069-23-000042

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