Reddit stock surges 10% after Q3 revenue came in 68% higher to $585 m and EPS hits $0.80
Reddit just flipped the switch on Wall Street's expectations. On Thursday, the company posted third-quarter results that wiped the floor with every estimate. Revenue jumped 68% year-over-year to $585 million, while earnings per share landed at $0.80, blowing past the $0.51 target. Shares immediately shot up more than 8% in after-hours trading, and by Friday [...]