Reddit reported fourth-quarter earnings and revealed strong guidance and $1 billion buyback
Sopa Images | Lightrocket | Getty ImagesReddit shares rose 6% and then receded to flat in after-hours trading on Thursday after the company reported fourth-quarter earnings that beat on the top and bottom lines and gave strong guidance for the start of 2026.Here's how the company did compared with LSEG estimates:Earnings per share: $1.24 vs. 94 cents expectedRevenue: $726 million vs. $665 million expectedThe company said it expects first quarter sales to come in the range of $595 million to $605...
Read more at cnbc.com