Motley Fool49d agobullish
Reddit Beat on Revenue, Profit, and Guidance. Its U.S. Daily Users Went Backward, and the Stock Fell 21%.The social media company's one soft number is the number its advertising business leans on hardest.
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Investing.com50d agobullish
Reddit shares slide despite strong Q2 beat and upbeat guidanceInvesting.com -- Reddit Inc (NYSE:RDDT) reported second-quarter financial results that comfortably surpassed Wall Street expectations across top and bottom lines, though the social media platform saw its stock pull back in after-hours trading following a rapid run-up into the print. Shares dropped 7.7% late Thursday despite the company logging its eighth consecutive quarter of revenue growth above 60% and issuing robust guidance for the upcoming period. For the three months ended June 30, total
Barrons.com50d agobullish
Reddit Stock Falls After Stellar Earnings Report. It’s All About AI.The social-media platform’s earnings outpaced Street estimates, but that wasn’t enough for investors.
Proactive64d agobullish
Reddit set for earnings beat as ad momentum, user growth buildReddit Inc (NYSE:RDDT) is expected to beat Wall Street's second-quarter revenue and EBITDA targets, according to Jefferies, which pointed to strong ad checks and improving user growth heading into the print. The brokerage said investor conversations point to expectations for revenue and...
Barrons.com135d agobullish
Fastly Stock Tumbles. An Earnings Beat Pauses a Monster Rally.Fastly shares fall even as first-quarter earnings beat expectations. AI agentic traffic revenue is the key.