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Dec 31, 2022
NerdWallet Q4 2022 Earnings Report
Reported strong Q4 2022 financial results, with revenue up 43% year-over-year.
Key Takeaways
NerdWallet reported strong Q4 2022 results, exceeding revenue and adjusted EBITDA guidance. The company's diversified business strategy and brand strength drove 43% year-over-year revenue growth. Registered user revenue increased by over 80% year-over-year, reaching 14.0 million registered users.
Revenue of $142.0 million for Q4 2022, up 43% year-over-year.
GAAP net income of $8.9 million or $0.12 per diluted share for Q4 2022.
Adjusted EBITDA of $31.0 million for Q4 2022.
Credit cards revenue grew 52% year-over-year, driven by brand awareness and partner alignment.
Revenue by Segment
Forward Guidance
NerdWallet provided guidance for the first quarter of 2023, expecting revenue in the range of $165 - $170 million and Adjusted EBITDA in the range of $17 - $19 million. The company anticipates a year-over-year increase in its 2023 annual Adjusted EBITDA margin.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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