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- NerdWallet's Q3 2024 Earnings
NerdWallet's Q3 2024 Earnings
Plus commentary on their card business and more
NerdWallet announced earnings on Tuesday. In Wednesday’s trading, their stock (NRDS) was up 33%. Clearly investors liked what they heard.
Here’s how they summarized their quarter:
They unpacked their revenues by business unit:
Credit Cards
The NerdWallet team pointed to tighter lender conditions as the source of their 16% YoY decline.
Data from the St. Louis Fed confirms that story.