NerdWallet reports Q3 EPS 0c, consensus 3c

Reports Q3 revenue $191.3M, consensus $169.63M. “In Q3, we exceeded our expectations for revenue and non-GAAP operating income as we paired continued strength in insurance and SMB with increased operational efficiency,” said Tim Chen, Co-Founder and Chief Executive Officer of NerdWallet (NRDS). “At the same time, we continued to invest in our strategy of becoming a Trusted Financial Ecosystem with our acquisition of Next Door Lending, a mortgage brokerage. We believe this acquisition will allow us to offer shoppers more hands-on guidance and creates another opportunity for us to build deep and direct relationships with our consumers.”