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. (NYSE: KIND) is described as the essential neighborhood network, and the news surrounding the company reflects its focus on local connections, product evolution, and advertising capabilities. This page aggregates company-related news so readers can see how Nextdoor’s strategy, platform features, and financial profile are communicated over time.
Recent press releases highlight a major redesign of the core Nextdoor experience built around Alerts, News, and Faves. Alerts are presented as real-time updates on topics such as weather, traffic, power outages, severe storms, and wildfires, displayed on a dynamic neighborhood map and supported by data from sources like Samdesk and The Weather Company. News brings stories from vetted local publishers directly into neighbors’ feeds, while Faves uses AI to summarize years of neighborhood recommendations to surface local favorites.
Investors and followers of KIND-related news can also find updates on partnerships and advertising initiatives. For example, Nextdoor has announced a partnership with Integral Ad Science to power a brand safety tool and provide AI-driven Brand Safety and Suitability Optimization for campaigns on the platform. Other releases describe the Nextdoor Ads Platform and how brands and businesses of all sizes use it to reach real, verified neighbors with locally relevant advertising.
Financial news items include quarterly and annual earnings releases, where Nextdoor reports revenue, net loss, adjusted EBITDA, and weekly active user metrics, along with commentary from management on user growth, product development, and margin trends. Additional announcements cover leadership appointments, such as the Chief Revenue Officer role, and investor relations activities, including conference participation and earnings call schedules. Bookmark this page to review the ongoing narrative around Nextdoor’s business, product changes, and market communications tied to the former KIND ticker.
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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