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AI English summary of an SEC filing — figures as filed

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The company said revenue for Q4 2024 rose 71% from a year earlier to $427.7 million, net income was $71.0 million (16.6% of revenue), and diluted earnings per share were $0.36.

8-KResults of Operations and Financial ConditionFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said revenue for Q4 2024 rose 71% from a year earlier to $427.7 million, net income was $71.0 million (16.6% of revenue), and diluted earnings per share were $0.36.

  2. The company said full-year revenue for 2024 rose 62% from the prior year to $1.3 billion, and it posted a net loss of $484.3 million (prior-year net loss of $90.8 million).

  3. Reddit said Adjusted EBITDA for Q4 2024 was $154.3 million (36.1% of revenue), operating cash flow was $90.0 million, and Free Cash Flow was $89.2 million.

  4. The company said it expects revenue for Q1 2025 to be in the range of $360 million to $370 million, and Adjusted EBITDA to be in the range of $80 million to $90 million.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Q4 2024 Revenue and Net Income

The company said revenue for Q4 2024 rose 71% from a year earlier to $427.7 million, net income was $71.0 million (16.6% of revenue), and diluted earnings per share were $0.36.

Source · Based on the filing body and exhibits

2024 Full-Year Revenue and Net Loss

The company said full-year revenue for 2024 rose 62% from the prior year to $1.3 billion, and it posted a net loss of $484.3 million (prior-year net loss of $90.8 million).

Source · Based on the filing body and exhibits

Q4 2024 Cash Flow and Adjusted EBITDA

Reddit said Adjusted EBITDA for Q4 2024 was $154.3 million (36.1% of revenue), operating cash flow was $90.0 million, and Free Cash Flow was $89.2 million.

Source · Based on the filing body and exhibits

Q1 2025 Outlook

The company said it expects revenue for Q1 2025 to be in the range of $360 million to $370 million, and Adjusted EBITDA to be in the range of $80 million to $90 million.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.