{"id":971037,"date":"2025-11-01T07:44:01","date_gmt":"2025-11-01T02:14:01","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=971037"},"modified":"2025-11-01T08:14:21","modified_gmt":"2025-11-01T02:44:21","slug":"reddit-shares-surge-over-14-after-strong-earnings-and-rising-global-users","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/11\/01\/reddit-shares-surge-over-14-after-strong-earnings-and-rising-global-users\/","title":{"rendered":"Reddit shares surge over 14% after strong earnings and rising global users"},"content":{"rendered":"<p>Reddit\u2019s stock jumped sharply on Friday, rising more than 14% after the company posted strong third-quarter results and showed solid advertising growth. The company\u2019s revenue went up 68% compared to last year, reaching $585 million, beating the LSEG estimate of $546 million. <\/p>\n<p>Earnings per share (EPS) came in at 80 cents, well above Wall Street\u2019s estimate of 51 cents. According to the CNBC report, Reddit also shared a strong forecast for the fourth quarter, predicting revenue between $655 million and $665 million, higher than Wall Street\u2019s $638 million estimate. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reddit\u2019s stock jumped sharply on Friday, rising more than 14% after the company posted strong third-quarter results and showed solid advertising growth. The company\u2019s revenue went up 68% compared to last year, reaching $585 million, beating the LSEG estimate of $546 million. Earnings per share (EPS) came in at 80 cents, well above Wall Street\u2019s estimate of 51 cents. According to the CNBC report, Reddit also shared a strong forecast for the fourth quarter, predicting revenue between $655 million and $665 million, higher than Wall Street\u2019s $638 million estimate.<\/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":[59,4,10],"tags":[],"class_list":["post-971037","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/971037","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=971037"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/971037\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=971037"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=971037"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=971037"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}