No qualifying author-owned investment thesis was confirmed in this post.
no investment thesis
Score90
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Reddit stock dropped 50% drop in recent months, but
Total US Rev up +68% YoY and +78% internationally
Ad revenue up +75% YoY
45% Adjusted Margins
92% gross margins
Capex was $3.2M (lol) and 0.3% of revenue for the year.
$2.48B in cash
Authorized $1B buyback with no set expiration date