โ
๐ ๐๐๐ฌ๐ฎ๐ฅ๐ญ๐ฌ
โข Revenue: $895M (+53% YoY)
โข GAAP EPS: $1.40 (+75% YoY)
โข Net Income: $283M (+74% YoY)
โข Net Margin: 31.7% vs. 27.8% YoY
โข Adj. EBITDA: $402M (+70% YoY)
โข Adj. EBITDA Margin: 44.9% vs. 40.3% YoY
โข Gross Margin: 91.5% vs. 91.0% YoY
โข Operating Cash Flow: $364M (+96% YoY)
โข Free Cash Flow: $363M (+98% YoY)
โ
๐ฏ ๐๐ฎ๐ข๐๐๐ง๐๐ (๐๐ ๐๐๐๐)
โข Revenue: $1.00Bโ$1.03B
โข Adj. EBITDA: $480Mโ$510M
โ
๐ ๐๐๐ฒ ๐๐๐ค๐๐๐ฐ๐๐ฒ๐ฌ
โข Advertising revenue +54% to $847M
โข Other revenue +35% to $48M
โข Daily Active Uniques +12% to 130.3M
โข Weekly Active Uniques +16% to 515.2M
โข U.S. DAUq declined 2% YoY, while international DAUq increased 24%
โข U.S. revenue +50% to $719M; international revenue +67% to $176M
โข Trailing 12-month revenue surpassed $3B
โข Repurchased $100M in shares during Q3 at an average price of $149.81
โข Added to the S&P 500 index
โข Cash & Marketable Securities: $3.03B
โ
๐ฌ ๐๐๐ง๐๐ ๐๐ฆ๐๐ง๐ญ ๐๐จ๐ฆ๐ฆ๐๐ง๐ญ๐๐ซ๐ฒ
โSurpassing $3B of revenue over the last 12 months shows Redditโs strength as a destination and the differentiated value of our platform.โ โ CEO Steve Huffman