May. 6 at 8:49 PM
$NRDS
🚨🚨🚨
Revenue of
$222.2 million
GAAP income from operations of
$27.2 million
GAAP net income of
$20.4 million or
$0.29 income per diluted share
Non-GAAP operating income of
$33.7 million
Adjusted EBITDA of
$45.2 million
“In Q1, strength in banking and personal loans revenue helped offset headwinds in auto insurance,” said Tim Chen, Co-Founder and Chief Executive Officer of NerdWallet. “Looking ahead, I'm encouraged by our operational efficiency and strong balance sheet, which position us to accelerate our vertical integration strategy, while maintaining the flexibility to pursue alternative capital deployment opportunities.”
