Fastly shares fall even as first-quarter earnings beat expectations. AI agentic traffic revenue is the key.
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Fastly shares fall even as first-quarter earnings beat expectations. AI agentic traffic revenue is the key.
Reddit reported that advertising revenue was up more than 70%.
Reddit (NYSE:RDDT) opened 2026 with what executives repeatedly characterized as a standout quarter, highlighting rapid revenue growth alongside expanding profitability and cash generation. Management pointed to continued momentum in advertising, early traction from new performance products like Redd
RDDT tops Q1 estimates as revenues jump 69% and ad growth surges, sending shares higher while strong user growth and margins highlight monetization momentum.