Core Insights - Reddit shares surged approximately 40% in 2025, with a notable 18% increase following the release of better-than-expected earnings and an optimistic outlook [1][5] Financial Performance - Reddit reported third-quarter earnings per share of $0.80, significantly surpassing the consensus estimate from analysts [2] - Revenue increased by 68% year-over-year, reaching $585 million, also exceeding expectations [2] User Growth - Daily active unique users (DAUqs) rose by 19% to 116 million, with international users increasing by 31% to 64.4 million, particularly strong in France, Brazil, and India [3] - U.S. DAUq grew by 7% to 51.6 million [3] Strategic Focus - CEO Steve Huffman highlighted progress in core product development, search capabilities, and internationalization during the earnings call [4] - Huffman identified search as a significant opportunity, noting that over 75 million users utilized Reddit for internet searches during the period, with this number on the rise [4]
Reddit's Stock Soars Nearly 20% After Earnings Blow Past Expectations