Stock futures are on the rise, with tech stocks leading the way after strong earnings reports from tech titans Apple and Amazon. Amazon is set to open at a record high after reporting cloud growth accelerated last quarter; Apple topped quarterly estimates and forecast record holiday-quarter revenue; Reddit shares are jumping on its earnings beat and solid forecast; and Netflix stock is rising h...
The Reddit stock price popped by over 10% in the extended hours after the company published strong financial results and boosted its forward estimates. It jumped to a high of $2[4, up by 175% from its lowest level this year, bringing its market capitalization to over $36 billion.
Reddit, Inc. ( RDDT ) Q3 2025 Earnings Call October 30, 2025 5:00 PM EDT Company Participants Jesse Rose - Head of Investor Relations Steven Huffman - Co-Founder, CEO, President & Director Jennifer Wong - Chief Operating Officer Andrew Vollero - Chief Financial Officer Conference Call Participants Ronald Josey - Citigroup Inc., Research Division Thomas Champion - Piper Sandler & Co., Research D...
Growth around search and Reddit Inc.'s globalization efforts helped the social-media platform blow past Wall Street's expectations in its third-quarter results Thursday.
Reddit's sales jumped 68% year-over-year in the third quarter, while net income was $163 million, up 23% from the $133 million it logged the previous year during the same period. Reddit's logged-in DAUq for the U.S. rose 7% year-over-year to 23.1 million during the third quarter.
Reddit forecast fourth-quarter revenue above Wall Street estimates on Thursday, thanks to its artificial intelligence-powered advertising tools that are boosting marketing spending on the social media platform.
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