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Nextdoor Holdings, Inc. - $KIND STOCK NEWS

Welcome to our dedicated page for Nextdoor Holdings news (Ticker: $KIND), a resource for investors and traders seeking the latest updates and insights on Nextdoor Holdings stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Nextdoor Holdings's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Nextdoor Holdings's position in the market.

Rhea-AI Summary

Nextdoor Holdings, Inc. (NYSE: KIND) has appointed Marissa Mayer, Niraj Shah, and Robert Hohman to its board of directors, bringing extensive technology leadership experience. Mayer, former Yahoo! CEO, Shah, Wayfair's CEO, and Hohman, Glassdoor's Chairman, join to enhance product-centric operational expertise at Nextdoor.

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Nextdoor Holdings, Inc. (NYSE: KIND) reported Q1 2024 results with revenue of $53 million, up 7% YoY, and a Q1 WAU of 43.4 million, up 2% YoY. The company saw a GAAP net loss of $28 million, improved Adjusted EBITDA margin by 17 percentage points YoY, and raised full-year Adjusted EBITDA guidance, expecting positive free cash flow in Q4'24.

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Nextdoor Holdings, Inc. (NYSE: KIND) will announce its first quarter 2024 financial results on May 7, 2024. The company will host a conference call to discuss the results and outlook.
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Nextdoor (NYSE: KIND) introduced the Nextdoor Ads API program to enhance its ad server, allowing businesses and agencies to target its engaged audience of neighbors with local insights. With 88 million users on the platform, Nextdoor aims to provide a hyper-local, high-intent advertising solution. The program offers ease, performance, value, and flexibility to advertisers, enabling them to create, deliver, and measure ad campaigns effectively.
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Leaf Home study reveals growing bottled water consumption, untested taps, and lack of public awareness on drinking water risks.
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Nextdoor renews partnership with Alida to gather feedback from neighbors and local businesses, enhancing user experience and trust.
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5.16%
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Nextdoor (NYSE: KIND) releases insights on spring cleaning attitudes and opportunities for neighbors to participate in the circular economy movement. Survey data shows a high percentage of Americans planning to engage in spring cleaning, with a focus on decluttering and the potential to earn extra income through selling items. The press release highlights the positive impact of spring cleaning on mood and the success of Nextdoor's For Sale & Free marketplace in facilitating sustainable decluttering practices.
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Nextdoor Holdings, Inc. (NYSE: KIND) announced CEO Sarah Friar and CFO Matt Anderson will participate in a fireside chat at Morgan Stanley Conference. The event will be webcasted and available for a year on the Investor Relations website.
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4.78%
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Nextdoor Holdings, Inc. (NYSE: KIND) reported a record number of organic Verified Neighbors for the second consecutive quarter, exceeding 88M Verified Neighbors at year-end 2023 Q4. The WAU increased by 5% year-over-year and 3% quarter-over-quarter, with a $150M increase to the existing share repurchase program approved by the board. The company's revenue for the year ended December 31, 2023, was $218.3 million, representing a 3% year-over-year increase. Net loss was $147.8 million, and Adjusted EBITDA loss was $74.1 million for the same period. Nextdoor also announced the resignation of CEO Sarah Friar and the appointment of Nirav Tolia as the new CEO, President, and Chairperson of the Board.
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Nextdoor (NYSE: KIND) appoints Nirav Tolia as CEO, President, and Chairperson, with Sarah Friar stepping down. Q4 WAU at 41.8M and revenue of $56M. $150M share repurchase increase approved. Full Q4 2023 results on Feb 27, 2024.
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Nextdoor Holdings, Inc.

NYSE:KIND

KIND Rankings

KIND Stock Data

963.14M
167.49M
0.67%
62.67%
1.09%
Internet Content & Information
Communication Services
Link
United States of America
SAN FRANCISCO

About KIND

Nextdoor is where you connect to the neighborhoods that matter to you so you can belong. Companys purpose is to cultivate a kinder world where everyone has a neighborhood they can rely on. Neighbors around the world turn to Nextdoor daily to receive trusted information, give and get help, get things done, and build real-world connections with those nearby — neighbors, businesses, and public services. Today, neighbors rely on Nextdoor in more than 280,000 neighborhoods across 11 countries. In the U.S., nearly 1 in 3 households uses the network. Nextdoor is based in San Francisco.