Loading...
•
Dec 31, 2024
Reddit Inc Q4 2024 Earnings Report
Key Takeaways
Reddit reported Q4 2024 revenue of $427.7 million, a 71% year-over-year increase, with net income rising to $71 million. However, the company missed analyst expectations for Daily Active Uniques, reporting 101.7 million against a consensus of 103.8 million. Following the earnings release, Reddit's stock experienced a significant decline in after-hours trading.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
Reddit expects Q1 2025 revenue to be in the range of $360M to $370M, with adjusted EBITDA between $80M and $90M. The company remains focused on growth initiatives and enhancing user engagement.
Positive Outlook
- Revenue growth momentum continues into Q1 2025.
- Strong improvement in adjusted EBITDA margins.
- Increased user engagement and DAUq growth.
- Positive cash flow generation from operations.
- International expansion showing strong growth potential.
Challenges Ahead
- Market uncertainties could impact ad revenue growth.
- Competition in the digital advertising space remains intense.
- User acquisition costs may increase due to expansion efforts.
- Potential macroeconomic headwinds affecting consumer spending.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...