How did Reddit's Q4 2024 results compare to previous quarters?

Reddit's Q4 2024 financial results showed an improvement in revenue and a significant increase in net income compared to the previous quarter, Q4 2023.

1. Revenue Comparison:
   • In Q4 2024, Reddit's total revenue was $1.3 billion.
   • In Q4 2023, the revenue was $804.03 million.
   • This indicates a substantial increase in revenue from Q4 2023 to Q4 2024.
2. Net Income Comparison:
   • Reddit reported a net loss of $484.28 million in Q4 2024.
   • In Q4 2023, the net loss was $90.82 million.
   • Despite the negative net income, the loss has significantly increased from Q4 2023 to Q4 2024.
3. Overall Comparison:
   • Reddit's financial performance in Q4 2024 demonstrates robust revenue growth, although the company still operates at a loss. The increased revenue and higher net loss indicate that Reddit is investing heavily or facing significant costs that affect its profitability.