Reddit forecasts quarterly revenue above estimates-March 2024-www.financetom.com

Reddit forecasts quarterly revenue above estimates

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

Reddit forecasts quarterly revenue above estimates

Feb 12, 2025 1:30 PM

Feb 12 (Reuters) - Reddit ( RDDT ) forecast

first-quarter revenue above Wall Street estimates on Wednesday,

betting on its artificial intelligence content licensing deals

and a robust digital advertising spend.

The company expects first-quarter revenue of $360 million to

$370 million, compared with analysts' average estimate of $358.1

million, according to data compiled by LSEG.

Previous page： Who is Keith Gill, the online influencer sending GameStop shares soaring again? Next page： Rumble Insider Sold Shares Worth $364,325, According to a Recent SEC Filing

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

Who is Keith Gill, the online influencer sending GameStop shares soaring again?

Jun 7, 2024

WASHINGTON (Reuters) - Keith Gill, the office worker who shot to notoriety after his online personas and bullish bets on GameStop ( GME ) sparked a retail trading frenzy, appears to be re-emerging from obscurity. Known as Roaring Kitty on YouTube and DeepF***ingValue on Reddit's popular WallStreetBets, Gill was a key figure in the so-called Reddit rally in which shares...

Rumble Insider Sold Shares Worth $364,325, According to a Recent SEC Filing

Jun 7, 2024

09:19 AM EDT, 06/07/2024 (MT Newswires) -- Robert Arsov, Director, around June 05, 2024, sold 60,000 shares in Rumble (RUM) for $364,325. Following the Form 4 filing with the SEC, Arsov has control over a total of 15,053,902 shares of the company, with 15,053,902 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1830081/000121390024050536/xslF345X03/ownership.xml Price: 6.06, Change: -0.07, Percent Change: -1.14 ...

--Spirit Airlines Not Currently Evaluating Chapter 11 Bankruptcy, Bloomberg Says

Jun 7, 2024

09:20 AM EDT, 06/07/2024 (MT Newswires) -- Price: 3.6900, Change: +0.08, Percent Change: +2.22 ...

Market Chatter: Tesla Upgrades In-Car Navigation System in China with Lane Markings Feature

Jun 7, 2024

09:18 AM EDT, 06/07/2024 (MT Newswires) -- Tesla (TSLA) has released a software update for its in-car navigation system in China, Reuters reported Friday, citing a WeChat post from the electric vehicle maker. The upgrade, which adds features like lane markings on maps corresponding to actual road lanes, will reportedly use Baidu ( BIDU ) as the map provider, the...