Reddit: Revenue and profits exceed expectations, daily active users decline, stock price falls by 21%
2026-08-01 11:29:16
According to CoinMeta, the financial report released by Reddit shows that revenue increased by 61% year-on-year to $805 million, marking the eighth consecutive quarter of growth exceeding 60%. However, a decline in daily active users in the United States led to a 21% drop in the stock price.
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Source:Internet
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