Nextdoor reports Q3 adjusted EBITDA loss ($18.4M) vs. ($7.7M last year

Reports Q3 revenue $54.0M, consensus $53.8M. "In an environment that continues to be volatile, we’re pleased to see strong platform engagement both in the U.S. and internationally, showing that our strategy to build an Active Valued Community is working. We have a unique value proposition and are well capitalized to execute on the areas we can control, including initiatives to bring new neighbors to Nextdoor, increasing engagement, and growing revenue by building products that deliver differentiated results for advertisers of all sizes. Nextdoor is rising to meet the moment for all neighborhood stakeholders, delivering on our purpose to create a kinder world where everyone has a neighborhood to rely on," said Nextdoor CEO Sarah Friar.