Reddit(RDDT) - 2024 Q3 - Quarterly Results

Exhibit 99.1 Reddit Announces Third Quarter 2024 Results Daily Active Uniques ("DAUq") increased 47% year-over-year to 97.2 million Strong revenue growth of 68% to $348.4 million Achieved GAAP profitability with net income of $29.9 million and net margin of 8.6% Adjusted EBITDA of $94.1 million and Adjusted EBITDA margin of 27.0% 1 1 1 Positive operating cash flow of $71.6 million and Free Cash Flow of $70.3 million, invested $66 million to net settle 1.2 million employee shares SAN FRANCISCO, Calif. – Octo ...