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Reddit Is ...
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Reddit Is Finally Profitable

  • Reddit reported a profit of $29.9 million and $348.4 million in revenue in their third quarter earnings.
  • Advertising revenue grew to $315.1 million, while other revenue reached $33.2 million.
  • Reddit's AI-powered translation feature contributed to the increase in users.
  • Reddit's daily users increased by 47% year over year.

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