NerdWallet sees revenue increase and CFO transition

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

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

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