NerdWallet, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2021
February 24, 2022 at 04:43 pm EST
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NerdWallet, Inc. reported earnings results for the fourth quarter and full year ended December 31, 2021. For the fourth quarter, the company reported sales was USD 99.5 million compared to USD 56.7 million a year ago. Net loss was USD 7.9 million compared to USD 3.4 million a year ago. Basic loss per share from continuing operations was USD 0.13 compared to USD 0.07 a year ago. Diluted loss per share from continuing operations was USD 0.13 compared to USD 0.07 a year ago.
For the full year, sales was USD 379.6 million compared to USD 245.3 million a year ago. Net loss was USD 42.5 million compared to net income of USD 5.3 million a year ago. Basic loss per share from continuing operations was USD 0.82 compared to basic earnings per share from continuing operations of USD 0.12 a year ago. Diluted loss per share from continuing operations was USD 0.82 compared to diluted earnings per share from continuing operations of USD 0.09 a year ago.
NerdWallet, Inc. is a personal finance company. The Company offers NerdWallet, a consumer-first platform that empowers consumers and medium-sized businesses (SMBs). It provides consumer-driven advice about personal finance through its platform by connecting individuals and SMBs with providers of financial products. The Company's platform delivers a range of financial products, including credit cards, mortgages, insurance, SMB products, personal loans, banking, investing and student loans. Its platform uses guidance and machine learning capabilities to help consumers with personalized insights. The Company enables its consumers to access its content and comparison-shopping marketplaces, plus a data-driven application, which helps them stay on top of their finances and save time and money. The Company's NerdWallet platform is available to consumers in the United States, United Kingdom, Canada, and Australia.
NERDWALLET, INC. 
