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NerdWallet Posts an Impressive Q3 Turnaround
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NerdWallet Posts an Impressive Q3 Turnaround

Financial guidance platform NerdWallet (NASDAQ:NRDS) has posted impressive third-quarter numbers. Revenue surged 44.8% year-over-year to $142.6 million, outperforming estimates by nearly $8 million.

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EPS at $0.01 came in better than consensus by $0.14. The company is aiming to be a trusted financial system and has identified three pillars for growth – Land & Expand, Vertical Integration, and Registrations and Data-Driven Engagement.

The growth in Q3 came from gains across credit cards, banking, personal loans, and SMB verticals.

The fourth quarter top line is expected to range between $138 million and $141 million. Adjusted EBITDA is expected between $26 million and $28 million.

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