Reddit keeps adding daily users.
The company saw Daily Active Uniques (“DAUq”) increase 39 percent year-over-year to 101.7 million, according to its Q4 2024 earnings press release. A chart in Reddit’s shareholder letter details the growth of the metric quarter-over-quarter,
Reddit stock tumbles as daily active users fall short of estimates
In addition to a miss on quarterly EPS, Reddit's daily active users in the December quarter hit 101.7 million, less than the 103.8 million expected.
Reddit shares slump 5% on daily active user miss
Reddit shares dropped 6% after reporting weak user growth in the fourth quarter. Steve Huffman, Reddit's CEO, said the company experienced some "volatility" in user growth as a result of a Google search algorithm tweak.
Roblox Shares Fall on Daily Active Users, Bookings Miss
Roblox Corp. shares dropped as much as 20%, the biggest intraday decline since May, after the video-game platform reported daily active users for the fourth quarter that fell short of analysts’ estimates.
Snapchat Hits 453M Daily Active Users As Advertising Revenue Grows
Snapchat has seen a more than 40 percent year-over-year increase in the number of creators posting content on Snapchat in Q4.
Roblox plummets 11% on disappointing bookings, daily active users miss
Roblox shares plummeted 11% on disappointing fourth-quarter bookings and daily active user figures. Daily active users came in at 85.3 million, versus a StreetAccount estimate of 88.2 million. The results come amid a rocky stretch for the industry after video game developer Electronic Arts cut its forecast last month.
Reddit shares fall 10% after company misses on user numbers
A Google search algorithm change caused some "volatility" with user growth in fourth quarter, but Reddit's search-related traffic has recovered in the first quarter, Reddit CEO Steve Huffman said. Reddit shares fell more than 10% on Wednesday after the company reported user growth numbers that came in below expectations for the fourth quarter.
Reddit misses daily active unique visitors estimates on Google algorithm change, shares tumble
Reddit missed market estimates for daily active unique visitors in the fourth quarter on Wednesday, hit by a change in Google ...
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Reddit stock dives on daily active user miss
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Reddit turns second quarterly profit since IPO as daily active unique users top 100 million for the first time
Reddit Inc. turned its second quarterly profit since becoming a public company, boosted by growth in daily active unique users, which topped 100 million for the first time. But the San Francisco ...
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Reddit turns second quarterly profit since IPO but shares slide on user-growth miss
Reddit Inc. turned its second quarterly profit since becoming a public company, but shares fell after daily active unique users — which topped 100 million for the first time — fell short of ...