Reddit: quarterly EBITDA 2023-2024
In the first quarter of 2024, Reddit Inc's earnings before taxes, depreciation and amortization (EBITDA) amounted to 10 million U.S. dollars. This represents a decrease from the over 50 million U.S. dollars in negative EBITDA reported during the first quarter of 2023. In 2023, Reddit generated revenues for about 804 million U.S. dollars, reporting a net loss of 90.8 million U.S. dollars in the same year.