Nextdoor Holdings, Inc. (NXDR) Q1 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:03.815 Good afternoon. My name is Joel, and I will be your conference operator today. 00:00:03.815 -- 00:00:08.321 At this time, I would like to welcome everyone to Nextdoor's first quarter 2025 earnings 00:00:08.321 -- 00:00:13.427 conference call. All lines have been placed on mute to prevent any background noise. 00:00:13.427 -- 00:00:17.211 After the speaker's remarks, there will be a question and answer session. 00:00:17.211 -- 00:00:21.596 If you'd like to ask a question during this time, simply press star followed by the number 00:00:21.596 -- 00:00:26.062 one on your telephone keypad. If you would like to withdraw your question, press star 00:00:26.062 -- 00:00:30.484 two. Thank you. You may now begin your conference. 00:00:32.785 -- 00:00:37.010 Thank you, operator. I'm John T. Williams, Nextdoor's head of investor relations. 00:00:37.010 -- 00:00:41.436 Good afternoon and thank you for joining us to review Nextdoor's first quarter 2025 financial 00:00:41.436 -- 00:00:46.121 results. With us on the call today are Nirav Tolia, chief executive officer, and Matt 00:00:46.121 -- 00:00:50.587 Anderson, chief financial officer. During this call, we may make statements related to 00:00:50.587 -- 00:00:54.592 our business that are forward-looking statements under federal securities laws. 00:00:54.592 -- 00:00:57.305 These statements are not guarantees of future performance. 00:00:57.305 -- 00:01:00.608 They are subject to a variety of risks and uncertainties. 00:01:00.608 -- 00:01:04.833 Our actual results could differ materially from expectations reflected in any forward-looking 00:01:04.833 -- 00:01:09.237 statements. For a discussion of the material risks and other important factors that could 00:01:09.237 -- 00:01:14.663 affect our a...