KIND Earnings Prediction
The chart below shows how KIND performed 10 days before and after its earnings report, based on data from the past quarters. Typically, KIND sees a +7.41% change in stock price 10 days leading up to the earnings, and a -8.13% change 10 days following the report. On the earnings day itself, the stock moves by -1.22%. This data can give you a slight idea of what to expect for the next quarter's release.
KIND Key Earning Data
KIND Earnings Analysis
Positive
WAU Growth Analysis: Weekly Active Users (WAU) reached $45.9 million, up 13% year-over-year.
Revenue and EBITDA Growth: Revenue of $66 million grew 17% year-over-year and adjusted EBITDA margin increased by 33 percentage points year-over-year.
User Growth Progress: User growth reflected sustained progress on a few fronts, with U.S. WAU growth continuing to be an area of strength, increasing 16% year-over-year.
EBITDA Margin Improvement: Adjusted EBITDA margin improvement in Q3 was noted at 33 percentage points year-over-year, reflecting revenue scale and lower personnel costs.
Strong Cash Position: We ended Q3 with $425 million in cash, cash equivalents, and marketable securities, and zero debt.
Negative
Adjusted EBITDA Loss: Q3 adjusted EBITDA loss was $1 million or a negative 2% margin.
Decline in Marketing Efficiency: Sales and marketing as a percentage of revenue in Q3 was down 14 points year over year.
EBITDA Margin Improvement Challenges: Adjusted EBITDA margin improvement in Q3 was noted at 33 percentage points year-over-year, but still reflects challenges in profitability.
Cash Position and EBITDA Loss: We ended Q3 with $425 million in cash, but the adjusted EBITDA loss indicates ongoing financial strain.
Adjusted EBITDA Loss Outlook: For Q4, we expect an adjusted EBITDA loss of approximately $2 million, highlighting continued operational challenges.
KIND FAQs
How does KIND typically perform around its earnings report dates?
KIND's stock performance around earnings reports can vary, but historical data shows specific patterns, such as a +7.41% change leading up to the report and a -8.13% change in the 10 days following the release.
Is Nextdoor Holdings, Inc. (KIND) Q3 2024 Earnings Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
KIND Earning Call Sentiment
Nextdoor Holdings, Inc. (KIND) Q3 2024 Earnings Call Transcript
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