As of October 30th, at the time of publication, Reddit's post-market trading in the US rose by 23.98%.
Reddit's third-quarter revenue was $0.3484 billion, with analysts expecting $0.3128 billion. The third-quarter net income was $0.0299 billion, with analysts expecting a loss of $0.0138 billion. Adjusted EBITDA for the third quarter was $0.0941 billion, with analysts expecting $0.0589 billion. ARPU for the third quarter was $3.58, with analysts expecting $3.22. Daily active users in the third quarter were 0.0972 billion, with analysts expecting 0.09636 billion. Daily active users in the US were 0.0482 billion, and international daily active users were 0.049 billion. Revenue for the fourth quarter is expected to be $0.385 billion to $-0.4 billion, with analysts expecting $0.3562 billion. Adjusted EBITDA for the fourth quarter is expected to be $0.11 billion to $-0.125 billion, with analysts expecting $0.087 billion.