NerdWallet Sees FY23Annual Adj. EBITDA Margin Of ~16.5%
Portfolio Pulse from Benzinga Newsdesk
NerdWallet has provided guidance for FY23, expecting an annual Adjusted EBITDA margin of approximately 16.5%, a YoY increase of about four percentage points. The company also expects a GAAP operating income margin of about 1% and a Non-GAAP operating income margin of about 4.5%.
October 26, 2023 | 9:15 pm
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POSITIVE IMPACT
NerdWallet's FY23 guidance indicates a strong financial performance with an expected increase in annual Adjusted EBITDA margin. This could potentially boost investor confidence in NRDS.
NerdWallet's guidance for FY23 indicates a strong financial performance with an expected increase in annual Adjusted EBITDA margin. This suggests that the company is expecting to improve its profitability, which could potentially boost investor confidence and have a positive impact on the stock price of NRDS in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100