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Reddit stock price soars
Reddit stock price soars after social media player reports profit milestone
Reddit's stock leaps nearly 40% after the social media company notched its first profit since launching in 2005.
Reddit Earnings Smash Estimates, Stock Soars on Surprise Profit
In its fourth-quarter guidance, Reddit estimated revenue in the range of $385 million to $400 million, which would bring total 2024 revenue to between $1.26 billion and $1.27 bill
Reddit’s stock soars after social-media platform turns a profit, beats Q3 sales and earnings estimates
Reddit said Tuesday that it turned a profit in its third quarter — a first for the social-media platform since becoming a public company earlier this year.
3h
on MSN
Reddit’s Sees First-Ever Profit as Explosive User Growth and AI Tools Help it Soar
The social discussion platform beat Wall Street analyst forecasts, with quarterly sales results better than 10 percent above ...
4h
on MSN
Reddit Hits First Profit as AI Drives Explosive Growth
The platform's AI translation feature enables posts to be converted between languages, including English, French and Spanish.
5h
Reddit Stock Jumps 40% on Surprise Profit, Buoyant Outlook
Reddit shares are surging Wednesday after the social media firm posted its first quarterly profit as a public company with ...
7h
Amid controversial changes, Reddit is getting more popular—and profitable
Still, Reddit’s results show it averaging 47 percent more daily active unique users in Q3 2024 (97.2 million) than it did in ...
23h
Reddit shares jump 22% as AI deals boost quarterly revenue forecast
Reddit on Tuesday reported its first quarterly profit and forecast fourth-quarter revenue above estimates, helped by its AI ...
4h
Reddit Celebrates Its First Profitable Quarter Amid User Growth and Strategic Innovations
In a significant achievement, Reddit has reported a quarterly profit for the first time in its nearly two-decade history.
Phone World
7h
Reddit Turns a Profit After 20 Years with Record Daily Users and Revenue Gains
In its third-quarter earnings report, Reddit announced a profit of $29.9 million, a major improvement from the $575 million ...
7h
‘Rocketship’ Reddit’s third-quarter results a real ‘Jekyll and Hyde’ story, says Bernstein
Reddit Inc.’s better-than-expected third-quarter results highlight the social-media platform’s strong growth potential, ...
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