Earnings Summary

Reddit’s revenue jumped 67.87% since last year same period to $348.35Mn in the Q3 2024. On a quarterly growth basis, Reddit has generated 23.89% jump in its revenue since last 3-months.

Reddit’s net profit jumped 504.35% since last year same period to $29.85Mn in the Q3 2024. On a quarterly growth basis, Reddit has generated 395.6% jump in its net profits since last 3-months.

Reddit’s net profit margin jumped 340.86% since last year same period to 8.57% in the Q3 2024. On a quarterly growth basis, Reddit has generated 338.61% jump in its net profit margins since last 3-months.

Reddit’s earning per share (EPS) estimates for the current quarter stand at -0.07 - a 78.79% jump from last quarter’s estimates.

Reddit’s earning per share (EPS) estimates for the current year stand at -0.07.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Reddit’s return on assets (ROA) stands at -0.2.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Reddit’s return on equity (ROE) stands at -0.32.