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Reddit Swings to Profit on Higher Revenue, Growth in Daily Active Users
RedditReddit(US:RDDT) WSJยท2025-05-01 21:10

Group 1 - The company reported a profit of $26.2 million, or 13 cents per share, compared to a loss of $575.1 million, or $8.19 per share, in the same quarter last year [1] - Advertising revenue increased by 61% to $358.6 million, driven by higher impressions and prices [2]