Nextdoor Holdings (NYSE:KIND) reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
Nextdoor Holdings beat estimated earnings by 10.0%, reporting an EPS of $-0.09 versus an estimate of $-0.1.
Revenue was down $1.23 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.0 which was followed by a 5.83% drop in the share price the next day.
Here’s a look at Nextdoor Holdings’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.09 | -0.09 | -0.05 | -0.06 |
| EPS Actual | -0.09 | -0.09 | -0.10 | -0.09 |
| Revenue Estimate | 50.75M | 53.82M | 55.22M | 48.28M |
| Revenue Actual | 53.27M | 53.95M | 54.54M | 51.00M |
To track all earnings releases for Nextdoor Holdings visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.