secwatch.observer — SEC 8-K summary
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Issuer:     Reddit, Inc. (RDDT)
CIK:        0001713445
Form:       8-K
Filed at:   2025-02-12T23:59:59+00:00
Accession:  0001713445-25-000016
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Reddit Q4 revenue $427.7M (+71% YoY), net income $71M, diluted EPS $0.36
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- DAUq reached 101.7M (+39% YoY); ad revenue $394.5M (+60% YoY); gross margin 92.6%.
- Adjusted EBITDA $154.3M (36.1% margin) vs $23.2M a year ago; operating cash flow $90M.
- FY 2024 revenue $1.3B (+62% YoY); net loss $484.3M due to IPO-related expenses.
- Q1 2025 guidance: revenue $360M-$370M; adjusted EBITDA $80M-$90M.
- Machine translation launched in 8 languages; signed content licensing pact with Intercontinental Exchange.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1713445/000171344525000016/0001713445-25-000016-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1713445/000171344525000016/rddt-20250212.htm
  HTML page:      https://secwatch.observer/filing/0001713445-25-000016

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer