Reddit Swings to Q2 Profit, Revenue Rises; Issues Q3 Outlook

MT Newswires Live

2025/08/01

Reddit (RDDT) reported Q2 earnings late Thursday of $0.45 per diluted share, compared with a loss of $0.06 a year earlier.

Analysts polled by FactSet expected $0.19.

Revenue for the quarter ended June 30 was $500 million, up from $281 million a year earlier.

Analysts surveyed by FactSet expected $425.7 million.

The company expects Q3 revenue to be between $535 million and $545 million.

Analysts polled by FactSet expected $473.3 million.

The shares were rising past 11% in after-hours activity.

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