NerdWallet Reports First Quarter 2023 Results

Revenue of $169.6 million, Up 31% Year-Over-Year

FINANCIAL HIGHLIGHTS

Revenue of $169.6 million
GAAP net income of $1.7 million and $0.02 income per diluted share
Adjusted EBITDA of $20.9 million
Board of Directors approved a share repurchase plan with $20 million authorization and no expiration date

May 02, 2023 04:05 PM Eastern Daylight Time

SAN FRANCISCO--(BUSINESS WIRE)--NerdWallet, Inc. (Nasdaq: NRDS), a platform that provides financial guidance to consumers and small and mid-sized businesses (SMBs), today reported financial results for its first quarter ended March 31, 2023.