Nextdoor Projects Q4 Revenue Between $78M-$80M Amid Seasonal WAU Flattening
Nextdoor (NXDR) reported a record-breaking third quarter, with CEO Nirav Tolia characterizing the results as evidence of the company's ongoing business transformation. Despite the strong quarterly performance, management issued guidance for the fourth quarter that reflects seasonal trends. The company expects Q4 revenue to fall between $78 million and $80 million, with adjusted EBITDA projected in the range of $10 million to $11 million. This outlook accounts for a seasonal flattening in Weekly Active Users (WAU), which is typical for the platform's engagement patterns during this period.
Topics: earnings report management outlook quarterly results