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.
Nextdoor Holdings, Inc. operates the Nextdoor neighborhood network, a local information and community platform used by neighbors, public agencies and businesses. Company news centers on product changes to the core Nextdoor experience, including alerts, news and local recommendations, as well as advertising technology for brands and local businesses.
Recurring updates include quarterly results, user engagement metrics, investor conference participation, partnerships for brand safety and local news distribution, and AI-powered advertising tools such as click optimization, targeting, delivery and creative generation. Corporate news also includes the company’s ticker-symbol transition from KIND to NXDR for its NYSE-listed Class A common stock.
Nextdoor (NYSE: KIND) has announced the return of co-founder Sarah Leary and former senior leader Kelsey Grady to its leadership team. Sarah will serve as Head of Marketing, Community, and Global Business Operations, while Kelsey takes on the role of Head of Global Communications. These appointments follow the recent return of co-founder Nirav Tolia as CEO.
Sarah, who co-founded Nextdoor in 2011, brings extensive experience from senior roles at eBay and Epinions. Kelsey, who previously served as Nextdoor's Head of Communications from 2011 to 2017, returns with over two decades of communications experience. Both leaders express excitement about rejoining Nextdoor to further its mission of building the essential neighborhood network, which now connects over 90M neighbors in 335,000 neighborhoods across 11 countries.
Nextdoor Holdings (NYSE: KIND), the leading neighborhood network, is set to release its second quarter 2024 financial results on August 7, 2024, after U.S. markets close. A conference call will follow at 2:00 p.m. PT/5:00 p.m. ET to discuss the results and future outlook. Investors can access a live webcast and an audio recording on Nextdoor's Investor Relations website. The company also uses its online platforms such as its X handle and LinkedIn page for important updates and compliance with disclosure regulations.
Nextdoor (NYSE: KIND) has appointed Elisa Steele to its board of directors. Steele, an industry veteran with C-level roles at companies like Jive Software, Microsoft, and Yahoo!, joins a revamped board that includes Marissa Mayer, Niraj Shah, and Robert Hohman. The changes follow founder Nirav Tolia's return as CEO in March 2024.
Steele brings 30 years of tech industry experience and currently serves on the boards of Amplitude, Bumble, JFrog, and Procore Technologies. Her expertise is expected to help Nextdoor enhance its neighborhood network platform.
CEO Tolia highlighted Steele's successful track record at both CEO and CMO levels, emphasizing her potential to drive the company's growth. Steele expressed enthusiasm for leveraging her skills to scale Nextdoor's technology and improve community relationships.
Nextdoor (NYSE: KIND) has announced a new integration with PowerOutage.us to deliver hyper-local power outage alerts to users nationwide. This feature provides real-time information on outages, including affected areas, causes, and estimated restoration times. Users will receive notifications both in their Nextdoor feed and via email. This initiative aims to help communities stay connected, informed, and prepared, especially in light of increasing weather-related outages, which have surged by 50% over the past decade. The feature complements Nextdoor's existing weather alerts from their collaboration with The Weather Company.
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.
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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