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Reddit shares jump as much as 15% on second-quarter sales and guidance beat
Reddit's sales grew 78% year-over-year in the second quarter and was 17% above consensus estimates, representing the biggest beat in its short history as a public company. Net income came in at $89 million in the second quarter, compared with a net loss of $10 million in the second quarter of last year due to costs associated with its IPO.
"You can’t have artificial intelligence without actual intelligence," the social media boss said during a Q2 earnings call ...
To continue to build out search, Reddit is “expanding Reddit Answers globally, integrating it more deeply into the core ...
Shares of Reddit soared more than 15% Friday, a day after the social media platform turned a profit and beat revenue ...
Reddit's shares surged 15% on Friday after it reported quarterly results that exceeded Street expectations, boosting investor ...
In Q2 2025, Reddit’s total revenue climbed to $500 million, surpassing analyst expectations of approximately $426 million.
Through its latest shareholder letter, Reddit has made its ambitions of becoming its own search engine quite clear.
Reddit is going to be leaning even harder into search in the coming months as Steve Huffman wants the site to become a "go-to ...
Reddit Inc. shares jumped after the company reported its most profitable quarter to date and projected third-quarter sales ...
Opendoor, Kohl's, and Wendy's are among the new crop of meme stocks, giving their bosses a chance to turn good vibes into ...
Reddit is working on a new unified interface that will merge its legacy search and AI-powered Q&A features, as well as make ...
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