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<p>$RDDT: Reddit reported $895 million in revenue for the third quarter, a 53% increase year-over-year. Net profit rose 74% to $283 million, while adjusted EBITDA increased 70% to $402 million.

Advertising revenue saw particularly strong growth, up 54%. Daily active users globally increased 12% to 130.3 million. However, daily active users in the U.S. declined 2%, while international markets grew 24%.

For the fourth quarter, Reddit expects revenue of up to $1.03 billion. Surpassing the $3 billion revenue mark over the past twelve months underscores the platform’s growing economic significance. 💰</p>

$RDDT: Reddit reported $895 million in revenue for the third quarter, a 53% increase year-over-year. Net profit rose 74% to $283 million, while adjusted EBITDA increased 70% to $402 million.
Advertising revenue saw particularly strong growth, up 54%. Daily active users globally increased 12% to 130.3 million. However, daily active users in the U.S. declined 2%, while international markets grew 24%.
For the fourth quarter, Reddit expects revenue of up to $1.03 billion. Surpassing the $3 billion r

$RDDT: Reddit reported $895 million in revenue for the third quarter, a 53% increase year-over-year. Net profit rose 74% to $283 million, while adjusted EBITDA increased 70% to $402 million. Advertising revenue saw particularly strong growth, up 54%. Daily active users globally increased 12% to 130.3 million. However, daily active users in the U.S. declined 2%, while international markets grew 24%. For the fourth quarter, Reddit expects revenue of up to $1.03 billion. Surpassing the $3 billion revenue mark over the past twelve months underscores the platform’s growing economic significance. 💰

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