BARRONS - Nextdoor Holdings stock is rising in late trading after the locally focused social network posted better-than-expected fourth-quarter results. For the quarter, Nextdoor reported revenue of $53.3M, down 10% from a year ago, but above the company's guidance range of $50M to $52M, and ahead of the Street consensus estimate of $50.8M, as a slowing advertising market continued to take a toll on the business.
by Eric J. Savitz
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