$RDDT Reddit Misses the Whisper as Search Losses Turn Record Profitability Into a Growth Question
Management's commentary on search traffic, however, escalated sharply from earlier calls:
-In the first quarter, search referrals were described as business as usual.
-In the second quarter, they were called choppy.
-In the third quarter, they were down meaningfully, accelerating late in the period, with more than 1 million fewer referrals per week in October.