Reddit Q3 revenue and EPS beat, Q4 revenue outlook below estimates

Reddit reported Q3 revenue of $895M, beating the $878.4M estimate, and EPS of $1.40, beating the $1.35 estimate. Daily active uniques were 130.3M, up 12% YoY but below the 133.53M estimate. Q4 revenue outlook of $1.00B-$1.03B came in below the $1.05B estimate, with adjusted EBITDA guided to $480M-$510M.

Detected & updated continuously · Source: Nebula