How did Reddit's revenue and expenses shift in Q4 2024?

In Q4 2024, Reddit Inc. (RDDT) experienced a significant shift in its financial performance compared to the previous quarter. The company's total revenue increased by approximately 27% to $427.71 million, up from $337.08 million in Q3 2024. However, the total expenses also rose, albeit at a lower rate, amounting to $71.04 million, compared to $64.22 million in the previous quarter. Despite the increase in expenses, the net income for Q4 2024 was not impacted negatively, with the company reporting a robust net income of $356.67 million, up from $272.86 million in Q3 2024.