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Monday, December 23, 2024

Reddit soars to its first-ever profit with AI tools, explosive user growth

TechReddit soars to its first-ever profit with AI tools, explosive user growth

Reddit claimed a profit of $29.9 million, or 16 cents per share, for the period ending in September, and reported sales of $348.4 million, an amount surpassing the $312.8 million analysts had projected.

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