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Reddit forecasts quarterly revenue above estimates
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Reddit forecasts quarterly revenue above estimates
Nov 3, 2024 2:56 PM

Oct 29 (Reuters) - Reddit ( RDDT ) forecast

fourth-quarter revenue above Wall Street estimates on Tuesday,

helped by its AI content licensing deals and strong digital

advertising spend.

The company expects fourth-quarter revenue to be between

$385 million and $400 million, compared with analysts' average

estimate of $357.9 million, according to data compiled by LSEG.

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