NerdWallet (NASDAQ: NRDS) saw its stock price surge 14.54% in after-hours trading on Tuesday, following the release of its impressive first-quarter 2025 financial results that significantly outperformed analyst expectations.
The personal finance company reported a revenue of $209.2 million for Q1, surpassing the IBES estimate of $190.3 million by 9.96%. This represents a robust 29.22% increase compared to the same period last year when the company recorded sales of $161.90 million. NerdWallet's bottom line also exceeded expectations, with a net income of $200,000, in stark contrast to the estimated loss of $7.85 million projected by analysts.
Further bolstering investor confidence, NerdWallet's adjusted EBITDA for the quarter reached $21.1 million, nearly doubling the IBES estimate of $12.1 million. The company also provided an optimistic outlook for the second quarter, projecting revenue between $192-200 million and adjusted EBITDA in the range of $29-33 million. This strong performance and positive guidance likely contributed to the significant after-hours stock price increase, as investors responded favorably to NerdWallet's ability to exceed expectations and demonstrate continued growth potential in the competitive personal finance market.