reddit profit news - Search News

Reddit leads social media stocks higher

Deadline.com on MSN · 1h

Reddit Stock Rockets 42% As Company Posts First Profit Since IPO And Makes Its Case As An AI Winner

Reddit stock zoomed 42% after the social media firm posted a surprise profit, its first since going public last March.

Investopedia · 7h

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 higher-than-estimated results and a rosy fourth-quarter outlook.

Reddit leads social media stocks higher after company posts first profit since IPO

Reddit stock soared more than 40% to a record high of $117 on Wednesday, after the newly public social media company reaped its first-ever post IPO profit.

Reddit Hits 1st Profit

The Associated Press on MSN · 4h

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 estimates.

Newsweek on MSN · 6h

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.

techtimes · 37m

Reddit Hits Jackpot: Turns First Profit EVER, 97 Million Users and Counting

Amid controversies, the discussion app Reddit has achieved a new milestone. For the first time, it recorded 97.2 million users on opt of $29.9 million profit.

5hon MSN

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.

9h

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 ...

1d

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 ...

newsbytesapp.com17h

Reddit has become profitable for the first time

Reddit has announced its first-ever profit in the company's nearly two-decade-long history. The social media platform posted ...

8h

‘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, ...

21h

Reddit CEO: We’ve been working hard at profitability

In an interview on CNBC’s Mad Money, Steve Huffman said Reddit (RDDT) is growing revenue “substantially faster” than costs.

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