Reddit, Inc. Q3 Income Climbs

(RTTNews) - Reddit, Inc. (RDDT) announced a profit for its third quarter that Increased, from last year

The company's bottom line came in at $283.264 million, or $1.40 per share. This compares with $162.663 million, or $0.80 per share, last year.

The company's revenue for the period rose 53.0% to $894.957 million from $584.911 million last year.

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

-Earnings: $283.264 Mln. vs. $162.663 Mln. last year. -EPS: $1.40 vs. $0.80 last year. -Revenue: $894.957 Mln vs. $584.911 Mln last year.

-Guidance: Next quarter revenue guidance: $ 1.000 B To $ 1.030 B