Reddit’s Ads Biz Exploded In Q3, Albeit From A Small Base

Reddit is soaring on better-than-expected revenue growth. The company reported just over $ 348 million in Q3 revenue, up 68% YOY, which blew away estimates, while ad revenue for the quarter was $ 315.1 million, a 56% YOY increase. Reddit’s stock price was up over 20% in after-hours trading. COO Jen Wong credited an increase in delivered […]

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