NerdWallet Shares Jump 34% on Strong Q3 Revenue Gr…

From Financial Modeling Prep: 2024-10-30 14:00:00

NerdWallet’s (NASDAQ:NRDS) shares jumped 34% after reporting Q3 revenue of $191.3 million, up 25% YoY. Despite missing EPS estimates, the company saw a 916% YoY growth in the insurance segment and a 12% increase in revenue from SMB products, reaching $27.8 million. Q4 revenue guidance of $164-$172 million surpassed expectations.



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