Reddit TodayRDDTReddit$113.01 -5.78 (-4.87%) 52-Week Range$46.75▼$230.41Price Target$142.30Add to WatchlistThe most exciting quarter of the year is now being reported for some of the biggest companies in the stock market today. Still, despite some positive results being floated out there, some stocks (and their price action) simply haven’t reacted according to what is happening underneath the hood of their businesses, creating a massive opportunity for investors. Because of the current fears and uncertaint ...

Reddit, Inc. RDDT shares are trading higher on Friday.On Thursday,  Reddit reported first quarter earnings of 13 cents per share, which beat the analyst consensus estimate of two cents. Quarterly revenue of $392.36 million beat the street consensus expectations for $370.01 million and is an increase of revenue of $242.96 million from the same period last year.Here are the analysts’ takes on the stock:Needham analyst Laura Martin reiterated a Buy rating on Reddit, raising the price forecast from $135 to $145 ...

Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company has a team of experienced and qualified news journalists who produce independent content [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The content includes insights across various sectors such as biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Adoption - Proactive is recognized for its forward-looking approach and enthusiastic adoption of technology to enhance workflows [4] - The company utilizes automation and software tools, including generative AI, while ensuring that all content is edited and authored by humans [5]

Group 1 - Reddit Inc. reported $392.36 million in revenue for Q1 2025, a year-over-year increase of 61.5% [1] - The EPS for the same period was $0.13, down from $0.29 a year ago, with a surprise of +550.00% compared to the consensus estimate of $0.02 [1] - The reported revenue exceeded the Zacks Consensus Estimate of $372.09 million by +5.45% [1] Group 2 - Reddit Inc. shares returned +6.5% over the past month, while the Zacks S&P 500 composite decreased by -0.7% [3] - The stock currently holds a Zacks Rank 5 (Strong Sell), indicating potential underperformance in the near term [3] Group 3 - Daily Active Uniques (DAUq) globally reached 108.1 million, surpassing the average estimate of 107.2 million [4] - Average Revenue Per User (ARPU) globally was $3.63, exceeding the estimate of $3.49 [4] - DAUq in the U.S. was 50.1 million, slightly below the estimate of 50.53 million, while international DAUq was 58 million, above the estimate of 56.63 million [4] - U.S. ARPU was $6.27, higher than the estimate of $5.84, while international ARPU was $1.34, above the estimate of $1.28 [4] - Logged-out DAUq globally was 59.4 million, exceeding the estimate of 58.94 million [4] - Total revenue from international markets was $78.50 million, surpassing the estimate of $73.08 million, while U.S. revenue was $313.90 million, above the estimate of $300.24 million [4]

Reddit Inc. (RDDT) came out with quarterly earnings of $0.13 per share, beating the Zacks Consensus Estimate of $0.02 per share. This compares to earnings of $0.29 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 550%. A quarter ago, it was expected that this company would post earnings of $0.25 per share when it actually produced earnings of $0.36, delivering a surprise of 44%.Over the last four quarters, the company has surpa ...

Reddit said advertising revenue rose 61% to $358.6 million on higher impressions and prices. Photo: dado ruvic/ReutersReddit logged higher revenue and swung to a profit in the first quarter as advertising revenue rose on higher impressions and prices.The social media company on Thursday swung to a profit of $26.2 million, or 13 cents a share, from a loss of $575.1 million, or $8.19 a share, a year earlier. ...

Reddit (RDDT) Q1 2025 Earnings Call May 01, 2025 05:00 PM ET Company Participants Jesse Rose - Head of Investor RealtionsSteve Huffman - Co-Founder and CEOJen Wong - COODrew Vollero - CFORon Josey - Managing DirectorAndrew Boone - Managing DirectorBenjamin Black - Co-Head Internet Equity ResearchEric Sheridan - Managing DirectorSteven H - Senior Associate - Internet Equity ResearchAlan Gould - Managing Director Conference Call Participants Thomas Champion - Director & Senior Research AnalystKen Gawrelski - ...

Financial Data and Key Metrics Changes - Revenue for Q1 2025 was $392 million, up 61% year over year, marking the third consecutive quarter of growth over 60% [8][19][30] - Adjusted EBITDA reached $115 million, with a margin of 29%, up over 2,500 basis points year over year [32][34] - GAAP net income was $26 million, or $0.14 per basic share and $0.13 per diluted share [41][42] - Operating cash flow exceeded $100 million for the first quarter, ending at $128 million, the highest ever [34][40] Business Line Data and Key Metrics Changes - Advertising revenue grew 61% year over year to $359 million, driven by broad-based strength across objectives, channels, verticals, and geographies [20][30] - Other revenue, including data licensing, reached $34 million, growing 66% year over year [34] - The total number of active advertisers grew over 50% year over year in Q1 [22] Market Data and Key Metrics Changes - U.S. ad revenue grew 56% year over year, while international ad revenue grew 83% year over year, the fastest growth rate in three years [23][35] - Unique weekly users reached 401 million, and daily users reached 108 million, both up 31% year over year [8][19] Company Strategy and Development Direction - The company aims to enhance its core product and advertising business while focusing on international growth and improving user experience [12][14][19] - The strategy includes becoming a truly global platform with machine translation available in 13 languages and focusing on community-driven content [14][16] - The company is committed to maintaining its unique community model and improving user engagement through product enhancements [17][18] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the uncertainty in the macro environment but expressed confidence in the company's ability to deliver profitable outcomes for customers [50][51] - The company expects revenue in Q2 2025 to be in the range of $410 million to $430 million, representing 46% to 53% year-over-year growth [41][42] - Management emphasized that Reddit's unique value proposition lies in authentic human answers, which the company is focused on preserving [43][44] Other Important Information - The company is investing in hiring and technology, particularly in sales and engineering, to support growth [37][38] - The company has over $1 billion in cash, allowing for potential future investments [92] Q&A Session Summary Question: What is the current state of the advertising market and its impact on the business? - Management noted that while there is uncertainty in the market, they are well-positioned with their roadmap and are delivering profitable outcomes for customers [50][51] Question: How is user growth expected to trend for the remainder of the year? - Management reported that daily active users were growing in the high teens year over year and emphasized that short-term bumps do not affect long-term strategy [55] Question: Can you discuss the drivers of pricing and how it compares to other platforms? - Management indicated that pricing is an outcome of supply and demand, and they are competitive in delivering market outcomes for advertisers [63][64] Question: What is the status of the Answers feature and its integration into Reddit? - Management shared that Answers has reached 1 million weekly users and is being integrated into the core search experience [66][68] Question: How are contribution rates trending with user growth? - Management highlighted efforts to improve contribution success rates for new users, which enhances the overall user experience [75] Question: How does Google treat machine-translated content? - Management confirmed that Google supports their use of machine translation, which helps increase user-generated content in more languages [86][87] Question: Why not invest more given strong revenue growth? - Management stated that they aim for revenue growth to be twice as fast as cost growth and are focused on sustainable investments [88][92]

Reddit CEO Steve Huffman stands on the floor of the New York Stock Exchange (NYSE) after ringing a bell on the floor setting the share price at $47 in its initial public offering (IPO) on March 21, 2024 in New York City.Reddit reported first-quarter earnings Thursday that beat Wall Street expectations on sales and guidance.Shares of the social media company rose more than 16% in after-hours trading.Here's how the company did compared with LSEG estimates:Earnings per share: 13 cents vs. 2 cents expectedReven ...

Reddit (RDDT) is set to release its first-quarter 2025 results on Thursday.For the first quarter of 2025, the company expects revenues between $360 million and $370 million, representing 48% to 52% year-over-year revenue growth, with a midpoint of 50%. The Zacks Consensus Estimate for first-quarter revenues is pegged at $372.09 million, indicating a year-over-year increase of 53.15%.The consensus mark for earnings is pegged at 3 cents per share, which has increased by a penny in the past 30 days. RDDT’s ear ...