Nextdoor Holdings Q4 2023 GAAP EPS $(0.10), Inline, Sales $55.56M Beat $51.19M Estimate
Portfolio Pulse from Benzinga Newsdesk
Nextdoor Holdings (NYSE:KIND) reported Q4 2023 earnings with a GAAP EPS of $(0.10), meeting analyst consensus estimates. The company's quarterly sales reached $55.56 million, surpassing the $51.19 million estimate by 8.53% and marking a 4.29% increase from the same period last year.
February 27, 2024 | 9:53 pm
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Nextdoor Holdings reported Q4 2023 earnings with EPS of $(0.10), in line with estimates, and sales of $55.56M, exceeding expectations.
Meeting EPS estimates and exceeding sales forecasts typically signals strong operational performance and can lead to positive investor sentiment. The year-over-year sales growth further supports a positive outlook for the stock in the short term.
CONFIDENCE 90
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RELEVANCE 100