hapabapa 1D 50 1M GM YTD 17 5Y 10Y In al NRDS Stock Performance (Seeking Alpha) Let's address the central question by assessing our findings on the stock. The best way to describe NerdWallet is to think of a high-quality, high-volume financial blog that writes about various financial topics and consequently links readers to their desired products. As things stand, NerdWallet has an integrated platform that streams customers via educational content, converts its traetion into revenue by linking. its users to ...

However, in 2024 the company hasn't done as well as the stock is down roughly 10%, well below the S&P 500. Despite the lackluster results so far in 2024, I'm still a believer in NerdWallet and think the stock will continue to reward patient long-term investors. Let's dig in the company's most quarter to review the financials and discuss updates within the company. Before I discuss the current quarter, I'd like to reiterate why I think NerdWallet is a good long-term investment opportunity by looking at some ...

NerdWallet Inc. (NASDAQ:NRDS) Q1 2024 Earnings Conference Call April 25, 2024 4:30 PM ET Company Participants Caitlin MacNamee - Head-Investor Relations Tim Chen - Chief Executive Officer Lauren StClair - Chief Financial Officer Conference Call Participants Justin Patterson - KeyBanc Ralph Schackart - William Blair James Faucette - Morgan Stanley Jed Kelly - Oppenheimer & Co. Peter Christiansen - Citi Operator Good day and thank you for standing by. Welcome to the NerdWallet Inc Q1 2024 Earnings Conference ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 ☐ For the transition period from to Commission file number 001-40994 NerdWallet, Inc. (Exact name of registrant as specified in its charter) Delaware (State or other jurisdiction of incorpora ...

Financial Performance - Revenue for Q1 2024 was $161.9 million, a decrease of 5% year-over-year[1] - GAAP net income was $1.1 million, or $0.01 per diluted share, down 34% from the previous year[5] - Adjusted EBITDA for Q1 2024 was $25.5 million, up 22% from the previous year[5] - Non-GAAP operating income rose by 176% year-over-year to $10.6 million[7] - The company reported a net income of $1.1 million for Q1 2024, a decrease of 34% from $1.7 million in Q1 2023[23] - The operating income margin for Q1 2024 was 2%, compared to a loss margin of 0% in Q1 2023[23] - The adjusted EBITDA margin for Q1 2024 was 16%, up from 12% in Q1 2023[23] User Metrics - Monthly Unique Users (MUUs) reached 29 million, representing a 25% increase year-over-year[6] Revenue Breakdown - Credit card revenue decreased by 19% year-over-year to $50.0 million, attributed to reduced marketing spending by financial partners[6] - SMB products revenue increased by 21% year-over-year to $30.4 million, driven by growth in business credit cards and banking products[6] - Emerging verticals revenue was $60.1 million, down 2% year-over-year, with growth in investing and insurance products partially offsetting declines in banking[6] Future Projections - The company expects a return to revenue growth in Q2 2024, despite current headwinds in the lending environment[3] - Revenue for Q2 2024 is projected to be between $147 million and $152 million, reflecting a 4% year-over-year increase at the midpoint[31] - Adjusted EBITDA for Q2 2024 is expected to range from $16.5 million to $19.5 million[31] - The company anticipates a non-GAAP operating income (loss) in the range of $(1.5) million to $1.5 million for Q2 2024[31] Strategic Focus - The company highlighted the importance of maintaining and expanding relationships with existing financial services partners as part of its growth strategy[35] - The company expects 2024 annual GAAP operating income margin to be in the range of 3-4.5% and non-GAAP operating income margin to be in the range of 6.5-8%[26]

hapabapa Elevator Pitch I have a Buy rating awarded to NerdWallet, Inc. (NASDAQ:NRDS) shares. In my previous August 24, 2023 write-up, I touched on NRDS' potential M&As (Mergers & Acquisitions) and margin expansion levers. My attention turns to NerdWallet's long-term financial goals and the company's capital allocation approach in the latest update. My latest article suggests that the market is undervaluing NerdWallet's stock in view of its recently released long-term financial goals. NRDS is now trading at ...

SAN FRANCISCO--(BUSINESS WIRE)--NerdWallet, Inc. (Nasdaq: NRDS), which provides trustworthy financial guidance to consumers and small and mid-sized businesses (SMBs), today announced that it will be participating in the KeyBanc Capital Markets Emerging Technology Summit in San Francisco. NerdWallet Co-Founder & CEO Tim Chen will participate in a fireside chat on Tuesday, March 5, 2024 at 9:30 a.m. Pacific Time, along with Chief Financial Officer Lauren StClair. Interested parties may access a live audio we ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-40994 NerdWallet, Inc. (Exact name of registrant as specified in its charter) Delaware 45-4180440 (State or other jurisdiction of inc ...

Shares of financial data and advice website NerdWallet (NRDS -5.37%) tumbled 8.5% through 10:20 a.m. ET on Thursday after the company reported a surprise loss in its fourth-quarter 2023 financial update last night.Heading into the report, analysts had forecast NerdWallet would earn $0.10 per share on sales of $138.4 million. Instead, NerdWallet reported sales of only $133.7 million and a loss for the quarter of $0.03 per share. NerdWallet Q4 earningsNerdWallet reported a 6% year-over-year decline in revenue ...

NerdWallet, Inc. (NASDAQ:NRDS) Q4 2023 Earnings Conference Call February 14, 2024 4:30 PM ET Company Participants Caitlin MacNamee - Head-Investor Relations Tim Chen - Chief Executive Officer Lauren StClair - Chief Financial Officer Conference Call Participants James Faucette - Morgan Stanley Ralph Schackart - William Blair Ross Sandler - Barclays Jed Kelly - Oppenheimer Youssef Squali - Truist Securities Justin Patterson - KeyBanc Pete Christiansen - Citi Operator Good day and thank you for standing by. We ...