Reddit Q3 revenue reaches $585 million, exceeding market expectations
Jinse Finance reported that Reddit's average daily active users in the third quarter reached 116 million, exceeding the market expectation of 114.16 million; third-quarter revenue was $585 million, surpassing the market expectation of $548.9 million; net profit was $162.7 million, exceeding the market expectation of $104.3 million. Reddit expects fourth-quarter revenue to be between $655 million and $665 million, while the market expectation is $636.2 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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