Overview

• Reddit reported Q1 2025 earnings of $0.13 per share and $392 million in revenue, surpassing Wall Street expectations of $0.02 EPS and $370 million in revenue.
• The company forecasts Q2 revenue between $410 million and $430 million, exceeding the $396 million consensus estimate.
• Year-over-year, Reddit's Q1 revenue grew 61%, driven by increased digital ad spending and improved ad technology.
• Daily active uniques rose 31% to 108.1 million in Q1, with logged-in users up 23% and logged-out users increasing by 38%.
• Shares of Reddit surged as much as 19% in after-hours trading following the earnings report and optimistic guidance.