Reddit, Inc. (RDDT) Reports Q1 Net Loss of $575.1M, EBITDA of $10M, Offers Guidance
Reddit, Inc. (NYSE: RDDT) reported Q1 Net Loss of $575.1M. Revenue for the quarter came in at $243 million, Adjusted EBITDA of $10M.
For the second quarter of 2024, the company estimates:
- Revenue in the range of $240 million to $255 million
- Adjusted EBITDA in the range of $0 to $15 million
For earnings history and earnings-related data on Reddit, Inc. (RDDT) click here.