Reddit Inc. is a social media company focused on news sharing and community. In the third quarter of 2024, Reddit Inc. registered its first profit ever, with a net income of roughly 29.9 million U.S. dollars. This represents an increase of almost 40 million U.S. dollars compared to the 10.1 million U.S. dollars in net losses recorded during the previous quarter.
Net income generated by Reddit Inc. in 1st quarter 2023 and 3rd quarter 2024
(in million U.S. dollars)
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Reddit. (October 29, 2024). Net income generated by Reddit Inc. in 1st quarter 2023 and 3rd quarter 2024 (in million U.S. dollars) [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1466225/quarterly-reddit-net-income/
Reddit. "Net income generated by Reddit Inc. in 1st quarter 2023 and 3rd quarter 2024 (in million U.S. dollars)." Chart. October 29, 2024. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1466225/quarterly-reddit-net-income/
Reddit. (2024). Net income generated by Reddit Inc. in 1st quarter 2023 and 3rd quarter 2024 (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1466225/quarterly-reddit-net-income/
Reddit. "Net Income Generated by Reddit Inc. in 1st Quarter 2023 and 3rd Quarter 2024 (in Million U.S. Dollars)." Statista, Statista Inc., 29 Oct 2024, https://www.statista.com/statistics/1466225/quarterly-reddit-net-income/
Reddit, Net income generated by Reddit Inc. in 1st quarter 2023 and 3rd quarter 2024 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1466225/quarterly-reddit-net-income/ (last visited November 22, 2024)
Net income generated by Reddit Inc. in 1st quarter 2023 and 3rd quarter 2024 (in million U.S. dollars) [Graph], Reddit, October 29, 2024. [Online]. Available: https://www.statista.com/statistics/1466225/quarterly-reddit-net-income/
