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Reddit(RDDT) - 2024 Q1 - Quarterly Report
2024-05-08 06:19
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission File Number: 001-41983 _________________________ Reddit, Inc. (Exact name of registrant as specified in its char ...
Reddit(RDDT) - 2024 Q1 - Quarterly Results
2024-05-08 04:15
Exhibit 99.1 Reddit Announces First Quarter 2024 Results Record user traffic, Daily Active Uniques ("DAUq") increased 37% to 82.7 million Revenue increased 48% to $243.0 million, nearly doubling growth rate from prior quarter Net loss driven by IPO expenses, first profitable Q1 on an Adjusted EBITDA basis Operating cash flow of $32.1 million and positive free cash flow of $29.2 million SAN FRANCISCO, Calif. – May 7, 2024 – Reddit, Inc. (NYSE: RDDT) today announced financial results for the quarter ended Mar ...