Reddit Q4 Earnings: Revenue Beat, EPS Beat, Shares Slide As User Growth Slows
RDDTReddit reported fourth-quarter financial results after the market close on Wednesday. Here's a look at the key metrics from the quarter.
Reddit reported fourth-quarter financial results after the market close on Wednesday. Here's a look at the key metrics from the quarter.
Reddit Inc will report Q4 earnings on Wed. Wall Street expects 25 cents EPS and $405.26M in revenues. Stock is up 331.23% in the past year.
Reddit Inc overtakes Snap Inc in market cap after Election Day rally, highlighting Snap's struggles to compete in social media. Reddit's user base and ad revenue are driving its meteoric rise, with a bullish technical picture for its stock.
Voters are visiting polling locations and Redditors are sharing opinions and local reports in megathreads, polls and comments on the social media platform.
Reddit CEO Steve Huffman shared strategic updates and growth prospects. Here are the key takeaways for investors.
Reddit and OpenAI announced a partnership that will give OpenAI's ChatGPT access to Reddit threads and enable Reddit users to use new AI-powered features. The two companies will also collaborate on advertising.
Reddit's award program is relaunched to monetize platform, amid debate among users about its benefits and management.