Reddit is maturing as a company, CEO says

"A lot of things are really starting to click," Reddit co-founder and CEO Steve Huffman told Yahoo Finance on Thursday .

Daily active users increased 37% year over year to 82.7 million. Weekly active unique users rose 40% from the prior year. Reddit CEO Steve Huffman stands on the floor of the New York Stock Exchange after ringing a bell on the floor in its initial public offering on March 21, 2024, in New York City. Huffman declined to say when the company would be profitable on a net income basis, noting it's a focus for the management team.

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Reddit CEO on ad revenue, first earnings report, app futureReddit (RDDT) beat first-quarter estimates on the top and bottom line in the social media platform's first earnings report since going public in March...
Sumber: YahooFinanceCA - 🏆 47. / 63 Baca lebih lajut »

Tesla probe, Reddit earnings, market outlook: Morning BriefTesla stock (TSLA) is being dragged down lower after US Department of Justice (DOJ) officials are focusing their attention on alleged securities and wire...
Sumber: YahooFinanceCA - 🏆 47. / 63 Baca lebih lajut »

Reddit stock rises after first quarterly report on higher-than-expected earnings forecast, AI hopesReddit stock moved higher after giving a better-than-expected Q2 forecast for sales and profit metrics. Many strategists argue the long-term growth story for...
Sumber: YahooFinanceCA - 🏆 47. / 63 Baca lebih lajut »

Reddit shines in first earnings report, sending stock soaringReddit Inc. shares jumped as much as 16% in premarket trading after improvements to the social media platform’s advertising system helped push quarterly sales higher than expected in its first results as a public company.
Sumber: BNNBloomberg - 🏆 83. / 50 Baca lebih lajut »