NerdWallet sees revenue growth and CFO change

The latest update comes from NerdWallet, Inc. Class A ((NRDS)).

NerdWallet reported a successful third quarter of 2024 with revenue increasing 25% year-over-year to $191.3 million, driven by strong performance in insurance and SMB products. The company also achieved non-GAAP operating income of $22.9 million and adjusted EBITDA of $37.3 million. NerdWallet continues to expand its financial ecosystem with the acquisition of Next Door Lending while addressing market challenges in credit card and loan revenues. The resignation of CFO Lauren StClair has been announced, with plans for a seamless transition.

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