Revenue jumped 69% YoY to $663M (beat by $52M), EPS $1.01 vs. $0.58 expected, and Q2 guidance above consensus. Strong ad revenue, growing DAUq (126.8M), and rising ARPU ($5.23 vs. $4.81 est.) signal sustained momentum and margin expansion. Reddit is firing on all cylinders – user growth, monetization, and profitability – making it a compelling long after the earnings beat and 6% after-hours rise. High valuation, dependency on advertising cycle, competition from Meta/Google, and any slowdown in user growth or AI capex waste. No other actionable trade ideas in this post.
Revenue jumped 69% YoY to $663M (beat by $52M), EPS $1.01 vs. $0.58 expected, and Q2 guidance above consensus. Strong ad revenue, growing DAUq (126.8M), and rising ARPU ($5.23 vs. $4.81 est.) signal sustained momentum and margin expansion. Reddit is firing on all cylinders – user growth, monetization, and profitability – making it a compelling long after the earnings beat and 6% after-hours rise. High valuation, dependency on advertising cycle, competition from Meta/Google, and any slowdown in user growth or AI capex waste. No other actionable trade ideas in this post.