Reddit forecasts strong revenue as AI tools drive ad sales

Q4 revenue rose 70% to $726 million, beating estimates of $665.4 million. Its earnings per share of $1.24 also exceeded estimates of 94 cents. Daily active unique visitors rose 19%, to 121.4 million in the quarter ended December 31, while its global average revenue per user increased by 42%. 

Vimal Sharma

Vimal Sharma

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Vimal Sharma

Vimal Sharma

A dedicated blog writer with a passion for capturing the pulse of viral news, Vimal covers a diverse range of topics, including international and national affairs, business trends, cryptocurrency, and technological advancements. Known for delivering timely and compelling content, this writer brings a sharp perspective and a commitment to keeping readers informed and engaged.

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