Detail akcie Reddit Rg-A online

Business Summary: Reddit, Inc. operates a social platform, Reddit. The Company operates mobile applications and a Website that allows users to form communities and create and share content. Reddit is focused on bringing community, belonging, and empowerment to everyone in the world. Reddit is a global, digital city where anyone in the world can join a community to learn from one another, engage in authentic conversations, explore passions, research new hobbies, exchange goods and services, create new communities and experiences, share a few laughs, and find belonging. Reddit has thousands of communities, endless conversation, and authentic human connections. Reddit offers real-time access to evolving and dynamic topics, such as sports, movies, news, fashion, and the latest trends.
Financial Summary: BRIEF: For the three months ended 31 March 2024, Reddit Inc revenues increased 48% to $243M. Net loss increased from $60.9M to $575.1M. Revenues reflect United States segment increase of 22% to $199.8M. Higher net loss reflects Stock-based Compensation in R&D increase from $8M to $316.5M (expense), Stock-based Compens increase from $3.3M to $199.9M (expense). Basic Earnings per Share excluding Extraordinary Items decreased from -$0.38 to -$3.52.