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Reddit Q4 Earnings: Revenue Beat, EPS Beat, Shares Slide As User Growth Slows - Reddit (NYSE:RDDT)

Reddit's revenue for Q4 reached $428 million, exceeding expectations, with a 71% increase from the previous year, according to the company.
The company reported a net income of $71 million for Q4, nearly quadrupling from $18.5 million a year earlier, as reported by Reddit.
User growth was below expectations, with global daily active uniques averaging 101.7 million for Q4, according to Reddit's report.
Reddit plans to enhance its advertising platform with more automation and data integration, aiming to convert logged-out users into logged-in users, according to Jen Wong.

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Investor's Business Daily

Reddit Stock Falls After User Growth Letdown. Analyst Says Buy The Dip.

Reddit stock slid despite reporting stronger-than-expected Q4 earnings and sales. User growth came in slower than forecast. The post Reddit Stock Falls After User Growth Letdown. Analyst Says Buy The Dip. appeared first on Investor's Business Daily.

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retailwire.com

Reddit Stock Tumbles After User Growth Fails To Impress Investors - RetailWire

Reddit stock suffers after a mixed Q4 earnings report.

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Adweek

AI Licensing Deals Now Account for 10% of Reddit's Revenue

Content licensing agreements now account for about 10% of Reddit's total revenue, the company's CRO Jen Wong told ADWEEK in an exclusive interview Wednesday. "It's a small part of our revenue--I'll call it 10%. For a business of our size, that's material, because it's valuable revenue," Wong said. The social platform--which on Wednesday reported a...

10 days ago

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