{"id":871750,"date":"2024-10-30T09:18:05","date_gmt":"2024-10-30T03:48:05","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=871750"},"modified":"2024-10-30T09:24:32","modified_gmt":"2024-10-30T03:54:32","slug":"reddit-share-price-jumps-25-after-q3-results-strong-revenue-forecast-boosted-by-ai-deals","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/10\/30\/reddit-share-price-jumps-25-after-q3-results-strong-revenue-forecast-boosted-by-ai-deals\/","title":{"rendered":"Reddit share price jumps 25% after Q3 results, strong revenue forecast boosted by AI deals"},"content":{"rendered":"<p>Reddit share price jumped more than 24% in extended trading on Tuesday after the company reported its first quarterly profit, while its fourth-quarter revenue forecast beat estimates. Reddit stock price ended 2.59% higher at $81.74 and surged 24.79% to $102 after-market hours. <\/p>\n<p>The company reported a profit per share of 16 cents for the third quarter ended September 2024, compared with a loss of 13 cents in the year-ago quarter. Analysts, on average, had expected a loss of 7 cents per share.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reddit share price jumped more than 24% in extended trading on Tuesday after the company reported its first quarterly profit, while its fourth-quarter revenue forecast beat estimates. Reddit stock price ended 2.59% higher at $81.74 and surged 24.79% to $102 after-market hours. The company reported a profit per share of 16 cents for the third quarter ended September 2024, compared with a loss of 13 cents in the year-ago quarter. Analysts, on average, had expected a loss of 7 cents per share.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[55,13,4],"tags":[],"class_list":["post-871750","post","type-post","status-publish","format-standard","hentry","category-it-2-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/871750","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=871750"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/871750\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=871750"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=871750"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=871750"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}