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Reddit reports Q2 revenue up 78% YoY to $500M, vs. $426M est., daily active uniques up 21% to 110.4M, Q3 guidance above est.; RDDT jumps 17%+ after hours (Angela Palumbo/Barron's Online) from Techmeme RSS feed.
Reddit reports Q2 revenue up 78% YoY to $500M, vs. $426M est., daily active uniques up 21% to 110.4M, Q3 guidance above est.; RDDT jumps 17%+ after hours (Angela Palumbo/Barron's Online)
Angela Palumbo / Barron's Online:
Reddit reports Q2 revenue up 78% YoY to $500M, vs. $426M est., daily active uniques up 21% to 110.4M, Q3 guidance above est.; RDDT jumps 17%+ after hours — earnings greatly beat expectations and the company provided better-than-expected revenue estimates for its third quarter on Thursday.