News Score: Score the News, Sort the News, Rewrite the Headlines

Reddit shares soar 14% after company reports revenue pop in debut earnings report

Reddit CEO Steve Huffman hugs mascot Snoo as Reddit begins trading on the New York Stock Exchange (NYSE) in New York on March 21, 2024. Timothy A. Clary | AFP | Getty ImagesReddit shares rallied 14% in extended trading on Tuesday after the company released quarterly results for the first time since its IPO in March.Here's how the company did:Loss per share: $8.19 loss per share. That may not compare with the $8.71 loss expected by LSEGRevenue: $243 million vs. $212.8 million expected by LSEGReve...

Read more at cnbc.com

© News Score  score the news, sort the news, rewrite the headlines