Reddit reports Q4 2024 earnings with 42% revenue growth driven by advertising

Reddit reported fourth-quarter revenue of $385 million, beating analyst estimates with advertising revenue growing 42% year-over-year. The company attributed growth to improved ad targeting capabilities and expanded advertiser base.

Reddit reported fourth-quarter revenue of $385 million, beating analyst estimates with advertising revenue growing 42% year-over-year. The company attributed growth to improved ad targeting capabilities and expanded advertiser base.