Nextdoor Holdings Expects Preliminarily Q1 Revenue Will Exceed, And Its Adjusted EBITDA Loss Will Be Narrower Than, Previously Reported Guidance

- SEC Filing

Nextdoor Holdings, Inc. (the "Company") previously announced on February 27, 2024 certain financial guidance related to its expected revenue and adjusted EBITDA for the first quarter ended March 31, 2024. The Company preliminarily expects that its revenue will exceed, and its adjusted EBITDA loss will be narrower than, the previously reported guidance.

The Company's financial statements for the quarter ended March 31, 2024 are not yet available. Accordingly, the Company's expectations regarding revenue and adjusted EBITDA are estimates and subject to the completion of the Company's financial closing procedures and any adjustments that may result from the completion of the review of the Company's financial statements for the quarter ended March 31, 2024. The Company's expectations in this Current Report on Form 8-K and described herein may differ materially from the actual results that will be reflected in the Company's financial statements or other earnings materials for the quarter ended March 31, 2024 when they are completed and publicly disclosed. The Company will host a Q&A webcast at 2:00 pm PT/5:00 pm ET on Tuesday, May 7, 2024, to discuss its results for the first quarter ended March 31, 2024.