Reddit forecasts quarterly revenue above estimates
ReutersFeb 12, 2025 9:08 PM
Feb 12 (Reuters) - Reddit RDDT.N forecast first-quarter revenue above Wall Street estimates on Wednesday, betting on its artificial intelligence content licensing deals and a robust digital advertising spend.
The company expects first-quarter revenue of $360 million to $370 million, compared with analysts' average estimate of $358.1 million, according to data compiled by LSEG.
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