Best Q3: Reddit (NYSE:RDDT) - Yahoo Finance

Dec 17, 2024 · The 6 social networking stocks we track reported a very strong Q3. As a group, revenues beat analysts’ consensus estimates by 2.9% while next quarter’s revenue guidance …

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Best Q3: Reddit (NYSE:RDDT) - Yahoo Finance

2 weeks from now

Dec 17, 2024 · The 6 social networking stocks we track reported a very strong Q3. As a group, revenues beat analysts’ consensus estimates by 2.9% while next quarter’s revenue guidance …

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Reddit’s (NYSE:RDDT) Q3: Strong Sales, Stock Jumps 41.7

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Oct 30, 2024 · Online community and discussion platform Reddit (NYSE:RDDT) reported Q3 CY2024 results topping the market’s revenue expectations, with sales up 67.9% year on year …

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Reddit Reports Q3 Earnings Beat, Raises Guidance - Yahoo Finance

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Oct 30, 2024 · While operational cash flow was $71.6 million and free cash flow remained at $70.3 million, Reddit's gross margin climbed to 90.1%, a 280-basis-point gain over the …

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Reddit’s Strong Q3 Results - Yahoo Finance

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Oct 30, 2024 · Reddit also had a positive operating cash flow of $71.6 million and free cash flow of $70.3 million compared to a loss of $7.7 million in net cash provided during Q3 2023 and …

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Reddit Stock Hits Record High On Robust Q3 Results And …

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Oct 30, 2024 · With daily active unique users rising 47% YOY to 97.2 million in Q3, Reddit's ad income increased 41% to $315.1 million. Income from other sources added still another $33.2 …

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Reddit Shares Surge 22% As Solid Q3 Print Points To ... - Yahoo …

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Oct 30, 2024 · Reddit Inc (NYSE:RDDT) reported better-than-expected third-quarter results and provided strong guidance, sending its shares soaring more than 22% in premarket trading …

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Q3 Social Networking Earnings Review: First Prize Goes To Reddit …

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Dec 17, 2024 · The 6 social networking stocks we track reported a very strong Q3. As a group, revenues beat analysts’ consensus estimates by 2.9% while next quarter’s revenue guidance …

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Reddit, Inc. (NYSE:RDDT) Q3 2024 Earnings Call Transcript

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Oct 31, 2024 · Reddit, Inc. (NYSE:RDDT) Q3 2024 Earnings Call Transcript October 29, 2024 Reddit, Inc. beats earnings expectations. Reported EPS is $0.16, expectations were $-0.07.

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Is Reddit's (RDDT) Stock At An Inflection Point After Strong Q3 …

2 weeks from now

Oct 30, 2024 · Reddit also had a positive operating cash flow of $71.6 million and free cash flow of $70.3 million compared to a loss of $7.7 million in net cash provided during Q3 2023 and …

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Is Reddit Stock Still A Buy After Surging 134% Over The ... - Yahoo …

2 weeks from now

19 hours ago · Reddit RDDT shares have surged 134% in the trailing six-month period, outperforming the broader Zacks Computer & Technology sector’s return of 0.4% and the …

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FAQs about Best Q3: Reddit (NYSE:RDDT) - Yahoo Finance Coupon?

How did Reddit perform in Q3?

After launching its IPO earlier in the year, Reddit’s online social community platform achieved significant milestones during Q3. CEO and co-founder Steve Huffman highlighted that new levels of user traffic led to peaks in revenue growth and probability. Daily Active Users (DAU) increased 47% year over year to 97.2 million. ...

Is Reddit Inc (rddt) a good stock to buy?

Reddit Inc (NYSE:RDDT) reported better-than-expected third-quarter results and provided strong guidance, sending its shares soaring more than 22% in premarket trading Wednesday. The social media platform posted adjusted earnings per share of $0.16, significantly beating analyst estimates of a $0.23 loss. ...

How much did Reddit expect in Q4?

Reddit estimated Q4 sales between $385 million and $400 million and modified EBITDA between $110 million and $125 million. Both projections outstripped Bloomberg's consensus projections of $87 million and $356.2 million, respectively. Warning! GuruFocus has detected 3 Warning Sign with QRVO. ...

Did Reddit beat Wall Street estimates in Q3?

Q3 results of Reddit Inc. (NYSE:RDDT) beat Wall Street estimates thanks in large part to increased user engagement. The company, which went public in March, had its shares rise as much as 43% in New York trade Wednesday, setting a new high. Six times its three-month daily average volume, about 23 million shares had changed hands by noon. ...

How much did Reddit's ad revenue grow in Q4?

Rising 55% year over year, advertising income exceeded experts' projected $275 million to reach $315 million. Jefferies analysts, who boosted their price objective on Reddit shares from $100 to $120, citing ongoing monetization possibilities, have noted that Reddit's ad revenue growth has now risen for the fourth straight quarter. ...

Is Reddit a good young stock to buy now?

In this article, we will look at where Reddit Inc. (NYSE:RDDT) ranks among the best young stocks to buy now. Market Uncertainty to Remain Until Elections A broader market trend observed ever since the Fed announced its September cut rate has been the volatility in the performance of small-caps. ...