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. (symbol: KIND) is a pioneering social networking service aimed at connecting neighbors and fostering community engagement. Established with the mission to cultivate a kinder world where everyone has a neighborhood they can rely on, Nextdoor has become a vital part of daily life in over 280,000 neighborhoods across 11 countries.
Founded in San Francisco, Nextdoor allows neighbors to exchange trusted information, seek and provide assistance, accomplish tasks, and build real-world connections with nearby residents, local businesses, and public services. Nearly one in three households in the United States uses Nextdoor, underscoring its significance as a community-centric platform.
Nextdoor's core business revolves around providing a safe and trustworthy environment where users can engage in meaningful interactions. The platform is designed to help neighbors stay informed about local happenings, find recommendations for services, buy and sell items, and organize community events. Nextdoor also collaborates with local businesses to create opportunities for growth and customer engagement.
Recent achievements include the expansion of Nextdoor's reach into new neighborhoods and the introduction of enhanced features to improve user experience. The company is currently focused on expanding its user base and increasing platform engagement through strategic partnerships and innovative projects.
Financially, Nextdoor is committed to sustainable growth and has seen consistent user engagement and platform activity. The company's revenue model includes advertising and premium services that provide value to both businesses and users.
Overall, Nextdoor Holdings, Inc. stands out as a unique social networking platform that not only connects people but also fosters a sense of belonging and community support. Its dedication to creating a kinder world through neighborhood connections makes it a significant player in the social networking space.
Nextdoor (NYSE: KIND), the essential neighborhood network, has announced its participation in two major investor conferences in March 2025. CEO Nirav Tolia and CFO Matt Anderson will engage in a 35-minute fireside chat at the Morgan Stanley Technology, Media & Telecom Conference in San Francisco on March 4, 2025, at 9:15 a.m. PT.
The company will also attend the 37th Annual ROTH Conference in Dana Point, CA, on March 17-18, 2025, where management will conduct one-on-one investor meetings. A live webcast of the Morgan Stanley conference will be available through Nextdoor's Investor Relations website, with the recording accessible for approximately one year afterward.
Nextdoor (NYSE: KIND) reported strong Q4 2024 results with revenue reaching $65.2 million, up 17% year-over-year. The company achieved 45.9 million Weekly Active Users (WAU), a 10% increase from the previous year.
Key financial highlights include reaching positive quarterly Adjusted EBITDA of $3.0 million for the first time as a public company, compared to a $14.0 million loss in Q4 2023. The Q4 net loss narrowed to $12.1 million from $40.5 million year-over-year.
For full-year 2024, revenue grew 13% to $247.3 million, while net loss improved to $98.1 million from $147.8 million in 2023. The company maintained a strong financial position with $427.0 million in cash and equivalents. Nextdoor announced plans to complete its NEXT product transformation by mid-2025.
Nextdoor Holdings (NYSE: KIND) has announced it will release its fourth quarter and full year 2024 financial results after U.S. markets close on Thursday, February 27, 2025. The company will host a conference call at 2:00 p.m. PT/5:00 p.m. ET on the same day to discuss results and outlook.
A live webcast will be available in the Events & Presentations section of Nextdoor's Investor Relations website, with an audio recording accessible for approximately one year afterward. The company utilizes its Investor Relations website, X handle, and LinkedIn page for disseminating news, financial performance updates, and material nonpublic information in compliance with Regulation FD.
Nextdoor Holdings (NYSE: KIND) has appointed Michael Kiernan as its Chief Revenue Officer to lead the company's Global revenue function. Kiernan, who has been with Nextdoor for six years and recently served as interim CRO, brings 15 years of experience from companies including X (formerly Twitter), Turn, Yahoo!, and BrightRoll.
In his role, Kiernan will oversee Sales, Account Management, and Ad Operations, focusing on expanding the Nextdoor Ads Platform. Under his previous leadership, the self-serve ads platform achieved approximately 50% of total revenue in Q3 2024. The platform utilizes first-party data from nearly 100 million Verified Neighbors to provide targeted advertising solutions.
This appointment aligns with Nextdoor's NEXT platform transformation initiative and follows other strategic hires, including Georg Petschnigg as Chief Design Officer.
Nextdoor has released its 2024 Nextdoor Rewind, showcasing the year's most impactful community moments and achievements. The platform introduced personalized local highlights and most popular posts for each city, determined by engagement metrics. Notable highlights include heartwarming stories from various cities, such as Detroit's abandoned dog finding a home (23,000+ reactions) and Dallas-Ft. Worth's celebration of an 18-year-old brain tumor survivor (22,000+ reactions).
The review revealed significant 2024 statistics, including over 176,000 '#reunited' posts for lost pets nationwide. State-specific insights showed 'handyman' as a top search term across all states, while regional variations emerged, such as Nebraska's unique 'Girl Scout Cookies' searches. The platform also highlighted top local businesses and marketplace transactions, including a $20,000 Mazda CX-5 sale in California.
Nextdoor (NYSE: KIND), the neighborhood network platform, has announced its participation in three upcoming investor conferences. The company will attend the Raymond James Sonoma Small Cap Summit in Sonoma (November 18), the 13th Annual ROTH Technology Conference in New York City (November 20), and the UBS Global Technology Conference in Scottsdale (December 3rd, 2024). Management will conduct one-on-one investor meetings at all three events.
The company utilizes its Investor Relations website, X handle, and LinkedIn page for disseminating news, financial performance updates, and material nonpublic information in compliance with Regulation FD.
Nextdoor Holdings (NYSE: KIND) has appointed Georg Petschnigg as Chief Design Officer to spearhead the company's complete product transformation initiative called NEXT. Petschnigg, who recently led The New York Times' successful app redesign, brings extensive experience in UX transformation and innovations in advertising and subscriptions. His previous roles include Chief Innovation Officer at WeTransfer, co-founder of FiftyThree, and product development at Microsoft. The appointment emphasizes Nextdoor's commitment to enhancing value for neighbors, businesses, partners, advertisers, and investors through improved design strategy and execution.
Nextdoor (NYSE: KIND) reported Q3 2024 results with revenue of $66 million, up 17% year-over-year, and Weekly Active Users (WAU) reaching 45.9 million, a 13% increase. The company reduced its net loss to $15 million from $38 million in the previous year, while Adjusted EBITDA loss improved to $1 million from $20 million. The company maintains a strong cash position of $425 million and has raised its full-year 2024 financial outlook, citing improved growth and operational efficiency through its Nextdoor Ads Platform.
Nextdoor Holdings, Inc. (NYSE: KIND), the essential neighborhood network, has announced it will release its third quarter 2024 financial results after U.S. markets close on Wednesday, November 6, 2024. The company will host a conference call at 2:00 p.m. PT/5:00 p.m. ET to discuss the results and outlook.
A live webcast will be available in the Events & Presentations section of Nextdoor's Investor Relations website, with an audio recording accessible for approximately one year. Nextdoor utilizes its Investor Relations website, X handle, and LinkedIn Home Page to disseminate news, announcements, and financial performance updates, as well as to disclose material nonpublic information and comply with Regulation FD.
Nextdoor (NYSE: KIND) has launched its annual Treat Map for the 12th consecutive year, offering an interactive guide to local Halloween festivities. Through October 31st, users can add themed pins to the map, indicating plans to decorate or distribute candy. The map helps families plan efficient trick-or-treating routes, especially useful with Halloween falling on a school night this year.
A September 2024 survey of Nextdoor users revealed:
- Average planned spending of $277 on Halloween supplies, including $76 for candy
- Most expect to start trick-or-treating between 6-7 pm
- On average, neighbors believe 14 is the age to stop trick-or-treating
- 85% will ensure adult supervision for trick-or-treating children
- 63% will establish a route for safe trick-or-treating
The Treat Map is available on the Nextdoor app and at nextdoor.com/treat_map.
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