Reddit, Inc. (RDDT) Misses Q1 EPS by 10c, Beats on Revenue; Offers Q2 Revenue Guidance
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- Nasdaq, S&P end lower as tech stocks fall
- Micron posts record profit as AI memory demand fuels explosive growth
- Brent settles at lowest since before start of Iran war as more tankers exit Hormuz
- All eyes on Micron earnings tonight as sell-off raises stakes for AI memory trade
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Needham Starts NeoVolta (NEOV) at Buy
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- UBS Reiterates Buy Rating on Snowflake Inc. (SNOW)
Reddit Reports First Quarter 2026 Results
April 30, 2026 4:07 PM EDTDaily Active Uniques (DAUq) increased 17% year-over-year to 126.8 million
Revenue grew 69% year-over-year to $663 million
Net income of $204 million, 31% of revenue. Diluted EPS of $1.01, up 7x year-over-year
Adj. EBITDA1 of $266 million, 40% of revenue, up 131% year-over-year
Operating cash flow of $312 million, 47% of revenue, up 145% year-over-year
SAN FRANCISCO--(BUSINESS WIRE)-- Reddit, Inc. (NYSE: RDDT) today announced financial results for the quarter ended March 31, 2026. Reddits complete financial results and management commentary can be found in its shareholder letter... More
