Nextdoor Holdings Third Quarter 2024 Earnings: US$0.039 loss per share (vs US$0.10 loss in 3Q 2023)

Nextdoor Holdings (NYSE:KIND) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$65.6m (up 17% from 3Q 2023).
• Net loss: US$14.9m (loss narrowed by 61% from 3Q 2023).
• US$0.039 loss per share (improved from US$0.10 loss in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Nextdoor Holdings Earnings Insights

Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Interactive Media and Services industry in the US.

Performance of the American Interactive Media and Services industry.

The company's shares are up 5.3% from a week ago.

Risk Analysis

Before you take the next step you should know about the 1 warning sign for Nextdoor Holdings that we have uncovered.

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