<ul><li>Reddit has achieved its first-ever profit, earning $29.9 million in Q3.</li><li>The social media platform reported a revenue of $348.4 million, a 68% increase from the previous year.</li><li>Reddit's ad revenue reached $315.1 million, and additional revenue of $33.2 million came from data licensing agreements.</li><li>The increase in users and strategic moves, such as expanding language support, have contributed to Reddit's success.</li></ul>

Reddit Achieves First Profit in Two Decades with $29.9M Q3 Earnings

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