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 (KIND) 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.”