NerdWallet Sees Q4 2023 Revenue $136M-$140M Vs $147.07M Est, Sees Adj. EPITDA $30M-$33M
Portfolio Pulse from Benzinga Newsdesk
NerdWallet has projected its Q4 2023 revenue to be between $136M and $140M, which is lower than the estimated $147.07M. The company also expects its adjusted EBITDA to be between $30M and $33M.
October 26, 2023 | 9:14 pm
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NerdWallet's lower than expected Q4 2023 revenue projection may negatively impact its stock price.
NerdWallet's projected revenue for Q4 2023 is lower than the estimated $147.07M, which could lead to a negative market reaction and potentially lower the company's stock price. The company's adjusted EBITDA is also expected to be between $30M and $33M, which may further impact investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100