Reddit's Q2 earnings show 61% revenue growth and 300% profit increase
Statements (26)
- Bullish
Reddit users ended July about 5% above the beginning of the month.
- Neutral
Reddit's Q3 revenue guidance remains only $860M to $870M.
- Bullish
Reddit reported Q2 total revenue of $805 million, a 61% year-over-year increase.
- Bullish
Reddit's revenue grew 61% in the second quarter.
- Bullish
Reddit's gross margin remained above 91% in the second quarter.
- Bullish
Reddit's free cash flow reached $261M in the second quarter.
- Bullish
Reddit reported all revenue growth of 20% year-over-year.
- Bullish
Reddit reported 800 million in revenue per quarter.
- Bearish
Reddit stock dropped over 20% following its earnings report.
- Bullish
Reddit reported 375 million in EBITDA.
- Bearish
Reddit stock declined over 20% as a result of earnings.
- Bullish
Reddit reported revenue growth of 61% and profit growth of nearly 300% in the most recent quarter.
- Bullish
Reddit reported revenue growth of 61% and profit growth of nearly 300% in the most recent quarter.
- Bullish
Reddit reported second-quarter revenue of $805 million for the three months ended June 30, exceeding the analyst consensus of $730 million.
- Bullish
Reddit reported third-quarter adjusted EBITDA guidance in the range of $385 million to $395 million, exceeding the Wall Street consensus.
- Bullish
Reddit reported third-quarter revenue guidance between $860 million and $870 million, exceeding the Wall Street consensus of roughly $828 million.
- Bullish
Reddit reported net income of $253 million for the three months ended June 30, exceeding the analyst consensus of $0.95 per diluted share.
- Bullish
Reddit reported revenue and earnings estimates that were crushed compared to prior expectations.
- Bullish
Reddit reported second-quarter revenue growth of 61% year-over-year.
- Bullish
Reddit reported third-quarter revenue guidance between $860 million and $870 million.
- Bullish
Reddit reported second-quarter net income of $253 million versus $89 million expected.
- Bullish
Reddit reported adjusted earnings for the quarter between $385 million and $395 million.
- Bullish
Reddit reported second-quarter revenue of $805 million versus $730 million expected.
- Bullish
Reddit reported Q2 adjusted EBITDA of $266 million, more than doubling from last quarter.
- Bullish
Reddit reported Q2 revenue of $663.4 million, up 69% year over year.
- Bullish
Reddit reported Q2 net margin of 30.7% and free cash flow of $311 million.