00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Reddit shares rose 5% in After Hours Trading Thursday after the company reported fourth
00:07quarter results that topped expectations and issued strong guidance for early 2026,
00:12according to CNBC. Reddit reported adjusted earnings of $1.24 per share on $726 million
00:20in revenue, exceeding LSEG estimates of $0.94 per share and $665 million.
00:27Fourth quarter revenue rose 70% year-over-year, while net income reached $252 million.
00:35The company forecast first quarter revenue of $595 million to $605 million and adjusted
00:42earnings of $210 million to $220 million, both above expectations.
00:49Reddit also announced a $1 billion share repurchase program.
00:52Global Daily Active Uniques reached $121.4 million, while U.S. Daily Active Uniques totaled $52.5 million.
01:01For all things money, visit Benzinga.com.
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