Grandhui October 30th | Reddit (RDDT.US) pre-market surged more than 23%, reaching $100.55. The company's financial report for the third quarter of 2024 showed revenue of 0.3484 billion US dollars, higher than analysts' expectations of 0.3128 billion US dollars, a year-on-year increase of 68%; the company achieved profitability, with a net income of 29.9 million US dollars, compared to a net loss of 7.4 million US dollars in the same period last year. Reddit expects fourth-quarter revenue to be between 0.385 billion US dollars and 0.4 billion US dollars, higher than analysts' average expectation of 0.3579 billion US dollars; adjusted earnings for the fourth quarter are expected to be between 0.11 billion US dollars and 0.125 billion US dollars, higher than the average expectation of 85.2 million US dollars. (Grandhui)
美股异动丨Reddit盘前大涨超23%,Q3业绩及Q4指引超预期
U.S. stocks are unusual| Reddit's pre-market surged more than 23%, Q3 performance and Q4 guidance exceeded expectations.
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