Recap: Nextdoor Holdings Q3 Earnings
Portfolio Pulse from Benzinga Insights
Nextdoor Holdings (NYSE:KIND) reported its Q3 earnings results, with an in-line EPS of $-0.1 and revenue up $2.14 million from the same period last year. Last quarter, the company beat on EPS by $0.01, which was followed by a 15.17% drop in the share price the next day.
November 07, 2023 | 9:26 pm
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Nextdoor Holdings reported Q3 earnings in line with estimates, but past performance shows a drop in share price following an EPS beat last quarter.
Nextdoor Holdings reported Q3 earnings that met estimates, which is generally a positive sign. However, the company's share price dropped significantly after it beat EPS estimates last quarter, indicating that investors may have had higher expectations. This could potentially impact the stock's performance in the short term.
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