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Reddit shares jumped more than 12% on Friday after the social media company posted third-quarter results that exceeded Wall Street estimates and delivered an upbeat outlook for the current quarter. The company's revenue surged 68% from a year earlier to $585 million, topping the LSEG consensus estimate of $546 million.
Major U.S. equities indexes climbed Friday afternoon, helped by a rally in shares of Amazon (AMZN) after the tech giant posted better-than-expected earnings. The Dow, S&P 500, and Nasdaq all advanced.
Reddit stock jumped after the social media company topped earnings and issued an upbeat forecast. The company also signaled strong advertising and user growth.
Oppenheimer & Co analysts late Thursday weighed in on Reddit (NYSE:RDDT)'s third quarter earnings and revenue results, which exceeded Wall Street expectations. Reddit's Q3 sales rose 68% year over year, while its earnings per share of $0.80 surpassed the analyst consensus estimate of $0.51.
Stock futures are on the rise, with tech stocks leading the way after strong earnings reports from tech titans Apple and Amazon. Amazon is set to open at a record high after reporting cloud growth accelerated last quarter; Apple topped quarterly estimates and forecast record holiday-quarter revenue; Reddit shares are jumping on its earnings beat and solid forecast; and Netflix stock is rising h...
The Reddit stock price popped by over 10% in the extended hours after the company published strong financial results and boosted its forward estimates. It jumped to a high of $2[4, up by 175% from its lowest level this year, bringing its market capitalization to over $36 billion.
Reddit, Inc. ( RDDT ) Q3 2025 Earnings Call October 30, 2025 5:00 PM EDT Company Participants Jesse Rose - Head of Investor Relations Steven Huffman - Co-Founder, CEO, President & Director Jennifer Wong - Chief Operating Officer Andrew Vollero - Chief Financial Officer Conference Call Participants Ronald Josey - Citigroup Inc., Research Division Thomas Champion - Piper Sandler & Co., Research D...
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