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A growing digital ad market is benefiting giants like Meta and smaller players like Reddit
RDDTReddit(RDDT) CNBC·2025-02-14 13:00

The digital advertising market is doing so well that even Reddit is getting a cut of the spoils.Reddit on Wednesday reported fourth-quarter revenue of $428 million, which was up 71% from the previous year and represents the fastest growth rate for any quarter since 2022. Although Reddit's shares tumbled on weaker-than-expected user numbers, the company's growing sales indicate a particularly healthy digital ad market, said Jeremy Goldman, a senior director at Emarketer.Investors typically look to the financ ...