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 (KIND) provides this centralized hub for investors and community stakeholders to track official announcements and market-moving developments. Our news collection delivers timely updates on quarterly earnings, strategic partnerships, platform innovations, and neighborhood initiatives shaping this unique community network.
Access verified press releases alongside third-party analysis of KIND's position in the hyperlocal advertising market. Key coverage areas include leadership updates, product feature launches, and financial results demonstrating the platform's growth in connecting 300,000+ neighborhoods globally.
Bookmark this page to monitor how Nextdoor balances community engagement with revenue generation through localized advertising solutions. Regular visitors gain insights into operational milestones, regulatory filings, and competitive dynamics in the social networking sector.
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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