In the second quarter of 2024, Reddit Inc's earnings before taxes, depreciation and amortization (EBITDA) amounted to 39.5 million U.S. dollars. This represents an increase from the over 10 million U.S. dollars in negative EBITDA reported during the first quarter of 2024. In 2023, Reddit generated revenues for about 804 million U.S. dollars, reporting a net loss of 90.8 million U.S. dollars in the same year.
EBITDA generated by Reddit Inc. 1st quarter 2023 and 2nd quarter 2024
(in million U.S. dollars)
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Reddit. (August 6, 2024). EBITDA generated by Reddit Inc. 1st quarter 2023 and 2nd quarter 2024 (in million U.S. dollars) [Graph]. In Statista. Retrieved October 05, 2024, from https://www.statista.com/statistics/1466240/quarterly-reddit-ebitda/
Reddit. "EBITDA generated by Reddit Inc. 1st quarter 2023 and 2nd quarter 2024 (in million U.S. dollars)." Chart. August 6, 2024. Statista. Accessed October 05, 2024. https://www.statista.com/statistics/1466240/quarterly-reddit-ebitda/
Reddit. (2024). EBITDA generated by Reddit Inc. 1st quarter 2023 and 2nd quarter 2024 (in million U.S. dollars). Statista. Statista Inc.. Accessed: October 05, 2024. https://www.statista.com/statistics/1466240/quarterly-reddit-ebitda/
Reddit. "Ebitda Generated by Reddit Inc. 1st Quarter 2023 and 2nd Quarter 2024 (in Million U.S. Dollars)." Statista, Statista Inc., 6 Aug 2024, https://www.statista.com/statistics/1466240/quarterly-reddit-ebitda/
Reddit, EBITDA generated by Reddit Inc. 1st quarter 2023 and 2nd quarter 2024 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1466240/quarterly-reddit-ebitda/ (last visited October 05, 2024)
EBITDA generated by Reddit Inc. 1st quarter 2023 and 2nd quarter 2024 (in million U.S. dollars) [Graph], Reddit, August 6, 2024. [Online]. Available: https://www.statista.com/statistics/1466240/quarterly-reddit-ebitda/
