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KIND News
KIND Events
Nextdoor CFO Matthew Anderson resigns
Nextdoor also announced that Matthew Anderson is resigning from his position as Chief Financial Officer, effective September 1, 2025. To support a smooth transition, Anderson will remain with the company in an advisory capacity through the end of the year. Nextdoor is initiating a comprehensive search for its next Chief Financial Officer in partnership with an external executive search firm. Nextdoor also announced the appointment of Craig Lisowski as the new President of Products. A driving force behind Nextdoor's product development over the past six years, Lisowski will now lead the full product organization, ensuring continued innovation and execution at scale.
Nextdoor reports Q2 EPS (4c), consensus (5c)
Reports Q2 revenue $65M, consensus $60.35M. "In Q2, users, revenue, and profitability all improved year-over-year. Product-driven performance improvements for advertisers continued to scale, enabling us to generate positive operating cash flow for the third straight quarter," said Nextdoor CEO Nirav Tolia. "The new Nextdoor, which we delivered in mid-July, offers a transformed experience for neighbors and advertisers and serves as a strong foundation for future user engagement and monetization growth."
Nextdoor announces ticker symbol change
Nextdoor Holdings will be changing its ticker symbol from "KIND" to "NXDR" in connection with the upcoming launch of the company's redesigned product. Effective July 21, 2025, the company's Class A common stock will trade on the NYSE under the new symbol "NXDR". There is no action required by the company's shareholders with respect to the ticker symbol change. The company's Class A common stock will continue to be listed on the NYSE, and its CUSIP will remain unchanged.
Nextdoor reports Q1 adjusted EBITDA ($9.2M) vs. ($14.0M) last year
Reports Q1 revenue $54.2M, consensus $53.1M. "By executing our transition to NEXT, we believe Nextdoor will emerge better positioned to be a daily use product with deeper engagement and improved monetization over time. I'm thrilled to report that our product development work remains on track, and we expect to deliver a completely new Nextdoor user experience by late July 2025."
Nextdoor reports Q4 adjusted EBITDA $3.0M vs. ($14.0M) last year
Reports Q4 revenue $65.2M, consensus $63.1M. "Our Q4 results reflect our continued progress and disciplined approach," said Nextdoor CEO Nirav Tolia. "We delivered positive quarterly Adjusted EBITDA for the first time as a public company, supported by continued user growth and improved performance for advertisers using our Nextdoor Ads Platform. We are now making a decisive shift from vision to execution on NEXT, our complete product transformation. We are encouraged by the useful early signals we have seen, and excited to deliver these changes by mid-2025."
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