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Reddit Q4 Revenue Rises; Q1 Outlook Set
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Reddit Q4 Revenue Rises; Q1 Outlook Set
Feb 12, 2025 1:59 PM

04:30 PM EST, 02/12/2025 (MT Newswires) -- Reddit ( RDDT ) reported Q4 earnings late Wednesday of $0.36 per diluted share, but the company did not provide a year-ago comparison.

Analysts polled by FactSet expected $0.25.

Revenue for the quarter ended Dec. 31 was $427.7 million, compared with $249.8 million a year earlier.

Analysts polled by FactSet expected $404.9 million.

For Q1, the social media company is projecting revenue of $360 million to $370 million. Analysts polled by FactSet are looking for $358.4 million.

Shares of the company dropped past 14% in recent after-hours activity.

Price: 186.00, Change: -30.61, Percent Change: -14.13

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