===Reddit (RDDT) reported earnings on Thur 31 Jul 25 (a/h)

 

Reddit beats by $0.26, beats on revs; guides Q3 revs above consensus

• Reports Q2 (Jun) earnings of $0.45 per share, $0.26 better than the FactSet Consensus of $0.19; revenues rose 77.9% year/year to $500 mln vs the $425.69 mln FactSet Consensus.
• Ad revenue increased 84% year-over-year to $465 million, and Other revenue increased 24% year-over-year to $35 million.
• Gross margin was 90.8%, an improvement of 130 basis points from the prior year.
• Co issues upside guidance for Q3, sees Q3 revs of $535-$545 mln vs. $473.32 mln FactSet Consensus. Sees Adjusted EBITDA in the range of $185 million to $195 million.