_reddit-shares-surge-11-following-strong-revenue-growth-in-first-quarterly-report-that-surpassed-estimates.jpg "Reddit Shares Surge 11% Following Strong Revenue Growth in First Quarterly Report That Surpassed Estimates from mmd miku growth Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:43
👁 View: 2.2M times
✓ Published: 09-May-2024
👁 View: 2.2M times
✓ Published: 09-May-2024
Description:
Social media platform Reddit released its first quarterly report since going public in March. Reddit reported revenue of over $240 million, up 48% year-over-year and beating analyst estimates. Advertising revenue grew 39%, faster than competitors like Meta, Amazon and Alphabet. The company reported a net loss of over $575 million, with stock-based compensation expenses driving red ink. Reddit had over 82 million daily active users in the first quarter, up from estimates and a sign of continued engagement growth. Shares surged 11% in pre-market trading following the strong earnings report.
Social media platform Reddit released its first quarterly report since going public in March. Reddit reported revenue of over $240 million, up 48% year-over-year and beating analyst estimates. Advertising revenue grew 39%, faster than competitors like Meta, Amazon and Alphabet. The company reported a net loss of over $575 million, with stock-based compensation expenses driving red ink. Reddit had over 82 million daily active users in the first quarter, up from estimates and a sign of continued engagement growth. Shares surged 11% in pre-market trading following the strong earnings report.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
_how-and-why-you-should-take-better-care-of-your-hairbrush.webp "How and Why, You Should Take Better Care of, Your Hairbrush.<br/>LifeHacker reports that hairbrushes can <br/>get really gross, with humans shedding <br/>an average of 50 to 100 hairs every day. .<br/>Not to mention buildup of dead skin cells, hair <br/>care products and dust, making a hairbrush <br/>an ideal place for bacterial and fungal growth.<br/>Failing to clean a brush can result in <br/>dirty hair, tangles, damage and can even <br/>exacerbate scalp issues like dandruff.<br/>LifeHacker recommends removing hair daily <br/>and doing a thorough cleaning every week <br/>if you use hair products like hairspray or gel.<br/>If you don't use hair products, <br/>you can extend the gap between <br/>cleanings to every two to three weeks. .<br/>For synthetic brushes made of plastic <br/>and rubber, use a gentle shampoo or dish <br/>soap to clean your brush in warm water. .<br/>If you have a natural brush made of wood or<br/>boar bristles, try using a sulphate-free shampoo and <br/>consider adding one to two teaspoons of baking soda.<br/>Synthetic brushes can be soaked, <br/>while natural brushes should be <br/>dipped but not submerged. .<br/>A clean, extra toothbrush can help to <br/>scrub around the base of bristles and <br/>anywhere else there might be buildup. .<br/>A clean, extra toothbrush can help to <br/>scrub around the base of bristles and <br/>anywhere else there might be buildup. .<br/>Remember to look for broken, <br/>bent or missing bristles which are a sign <br/>that it may be time to replace your brush. .<br/>Remember to look for broken, <br/>bent or missing bristles which are a sign <br/>that it may be time to replace your brush.")
_giantess-mmd-miku-growth-no-sound.webp "小牧Komaki")
_i-mmd-giantess-growth.webp "ァズズ")
_mmd-giantess-growth-124-2-girls-growth-124.webp "giantess growth")
_mmd-shrink-growth-dance-magnet-mikuluka.webp "Noémi")
_pub-giant-jd-wetherspoon-reports-growth-over-the-past-three-months.webp "Pub giant JD Wetherspoon has hailed soaring demand for Guinness from younger punters and recovering ale sales as it reported growth over the past three months.")
_mmd-miku-expandspart-2-miku39s-new-special-ability.webp "BlueRushAlt")
_how-and-why-you-should-take-better-care-of-your-hairbrush.jpg)
_giantess-mmd-miku-growth-no-sound.jpg)
_i-mmd-giantess-growth.jpg)
_mmd-giantess-growth-124-2-girls-growth-124.jpg)
_mmd-shrink-growth-dance-magnet-mikuluka.jpg)
_pub-giant-jd-wetherspoon-reports-growth-over-the-past-three-months.jpg)
_mmd-miku-expandspart-2-miku39s-new-special-ability.jpg)
![[+]](/images/menu.gif){kind=small}