Core Viewpoint - Reddit reported strong fourth-quarter earnings, exceeding analyst expectations in both revenue and net profit, which led to a nearly 4% increase in after-hours trading [1] Financial Performance - Revenue for the fourth quarter increased by 70% year-over-year to $726 million, surpassing analyst expectations of $665 million [1] - Net profit rose nearly 255% year-over-year to $252 million, with earnings per share of $1.24, exceeding the expected $0.94 [1] User Engagement - Global daily active users (DAUs) grew by 19% year-over-year to 121 million, also above the analyst forecast of 120 million [1] Shareholder Returns - The company announced a $1 billion share repurchase program, indicating confidence in its financial position and future growth [1] Future Outlook - For the first quarter, Reddit expects sales to be between $595 million and $605 million, with adjusted earnings projected to be between $210 million and $220 million, both exceeding expectations [1]
美股异动丨Reddit夜盘涨近4%,Q4业绩超预期+拟回购10亿美元股票