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NerdWallet Appoints New CFO Amid Revenue Surge

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NerdWallet Appoints New CFO Amid Revenue Surge

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NerdWallet, Inc. Class A ( (NRDS) ) has shared an update.

On February 19, 2025, NerdWallet announced the appointment of John H. Lee as Chief Financial Officer, effective March 17, 2025. Lee, previously with Divvy Homes, is expected to lead strategic initiatives and support the company’s growth goals. The company also reported a significant increase in revenue for the fourth quarter of 2024, driven by strong demand in insurance and banking, despite challenges in the lending sector. With revenue of $183.8 million, up 37% year-over-year, the company exceeded expectations, highlighting strategic investments in vertical integration and engagement strategies.

More about NerdWallet, Inc. Class A

NerdWallet, Inc. operates in the financial services industry, providing financial guidance to consumers and small and mid-sized businesses. The company focuses on empowering users with tools and insights to make confident financial decisions, with a strong presence in areas like insurance, banking, and loans.

YTD Price Performance: 3.56%

Average Trading Volume: 407,482

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $1.03B

For an in-depth examination of NRDS stock, go to TipRanks’ Stock Analysis page.

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