As the Q4 earnings season wraps, let’s dig into this quarter’s best and worst performers in the social networking industry, including Nextdoor (NYSEKIND) and its peers.
Shares of neighborhood social network Nextdoor (NYSEKIND) fell 32.5% in the afternoon session after the company reported weak fourth-quarter 2024 results: its number of weekly active users fell short of expectations, and revenue and EBITDA guidance for the next quarter missed Wall Street estimates, signaling a tougher road ahead. Revenue guidance reflects a decline in ad impressions as Nextdoor prioritizes product transformation over immediate monetization, while EBITDA guidance suggests a return to losses.
Overall, while the quarter delivered a strong margin turnaround, the softer guidance and user growth challenges raise concerns about near-term execution risks.
Neighborhood social network Nextdoor (NYSEKIND) beat Wall Street’s revenue expectations in Q4 CY2024, with sales up 17.4% year on year to $65.23 million. On the other hand, next quarter’s revenue guidance of $53 million was less impressive, coming in 13.7% below analysts’ estimates. Its GAAP loss of $0.03 per share was $0.01 above analysts’ consensus estimates.
Nextdoor Holdings, Inc. (NYSEKIND), the essential neighborhood network, will report fourth quarter and full year 2024 financial results following the close of the U.S. markets on Thursday, February 27, 2025. Nextdoor will host a conference call at 2:00 p.m. PT/5:00 p.m. ET to discuss the results and outlook.
Nextdoor Holdings, Inc. (NYSEKIND), the essential neighborhood network, has appointed Michael Kiernan as its Chief Revenue Officer. In his role as CRO he will oversee the Global revenue function for Nextdoor, leading teams charged with Sales, Account Management, and Ad Operations. Kiernan brings 15 years of experience as an accomplished go-to-market executive, driving growth at leading technology companies. He has led Business Operations and Sales at Nextdoor for the last six years, and most recently served as interim CRO. Prior to Nextdoor, Kiernan held leadership roles at X (f.k.a. Twitter), Turn, Yahoo!, and BrightRoll.
Earnings results often indicate what direction a company will take in the months ahead. With Q3 behind us, let’s have a look at Snap (NYSESNAP) and its peers.
As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the social networking industry, including Yelp (NYSEYELP) and its peers.
Over the past six months, Nextdoor’s stock price fell to $2.42. Shareholders have lost 11.4% of their capital, which is disappointing considering the S&P 500 has climbed by 9.7%. This might have investors contemplating their next move.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q3. Today, we are looking at social networking stocks, starting with Meta (NASDAQMETA).
Today, Nextdoor released its 2024 Nextdoor Rewind, an end-of-year review of the collective moments and shared achievements of neighbors in cities nationwide. Upon opening their Nextdoor feeds, neighbors will now be invited to scroll through a customized collection of facts, reflections and highlights from the past year, specific to their area.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q3. Today, we are looking at social networking stocks, starting with Nextdoor (NYSEKIND).
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the consumer internet industry, including Robinhood (NASDAQHOOD) and its peers.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Pinterest (NYSEPINS) and the best and worst performers in the social networking industry.
Nextdoor (NYSEKIND), the essential neighborhood network, today announced its participation in the following investor conferences in November and December:
Neighborhood social network Nextdoor (NYSEKIND) reported revenue ahead of Wall Street’s expectations in Q3 CY2024, with sales up 17% year on year to $65.61 million. Guidance for next quarter’s revenue was better than expected at $63 million at the midpoint, 1.6% above analysts’ estimates.
Nextdoor Holdings, Inc. (NYSEKIND), the essential neighborhood network, has announced Georg Petschnigg as Chief Design Officer (CDO) to lead all aspects of design strategy and execution. His design leadership and deep experience in creating products that connect users to relevant information will be key as Nextdoor embarks on a full transformation of the product, an initiative the company is calling NEXT.
Nextdoor Holdings, Inc. (NYSEKIND), the essential neighborhood network, today reported financial results for the third quarter ended September 30, 2024.
