Reddit, Inc. Announces Climb In Q1 Bottom Line

(RTTNews) - Reddit, Inc. (RDDT) reported a profit for its first quarter that Increased, from the same period last year

The company's earnings came in at $203.98 million, or $1.01 per share. This compares with $26.15 million, or $0.13 per share, last year.

The company's revenue for the period rose 69.1% to $663.41 million from $392.36 million last year.

Reddit, Inc. earnings at a glance (GAAP) :

-Earnings: $203.98 Mln. vs. $26.15 Mln. last year. -EPS: $1.01 vs. $0.13 last year. -Revenue: $663.41 Mln vs. $392.36 Mln last year.

-Guidance: Next quarter revenue guidance: $ 715 To $ 725