Reddit Q4 Revenue Increases; Q1 Outlook Issued -- Shares Fall After Hours-February 2024-www.financetom.com

Reddit Q4 Revenue Increases; Q1 Outlook Issued -- Shares Fall After Hours

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Reddit Q4 Revenue Increases; Q1 Outlook Issued -- Shares Fall After Hours

Feb 12, 2025 2:01 PM

04:38 PM EST, 02/12/2025 (MT Newswires) -- Reddit ( RDDT ) reported Q4 earnings Wednesday of $0.36 per diluted share.

The company didn't provide a year-ago figure, since it went public in in March 2024.

Analysts polled by FactSet expected $0.25 in Q4 2024.

Revenue for the quarter ended Dec. 31 was $427.7 million, up from $249.8 million a year earlier. Analysts surveyed by FactSet expected $404.9 million.

The company said it expects Q1 revenue between $360 million and $370 million. Analysts polled by FactSet expect $358.4 million.

The company's shares were falling past 15% in recent after-hours activity.

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