- Entry
- $118.79
- Final
- $149.33 +25.7%
- Target
- —
- Score
- +1.00
Reddit reported first-quarter earnings Thursday that beat Wall Street expectations on sales and guidance. Shares of the social media company rose more than 16% in after-hours trading. Here’s how the company did compared with LSEG estimates: * **Earnings per share:** 13 cents vs. 2 cents expected * **Revenue:** $392 million vs. $370 million expected Reddit said its second-quarter sales should come in the range of $410 million to $430 million, ahead of Wall Street expectations of $396 million. Reddit provided …
— ORIGINAL POST ·
Reddit shares rocket 16% on strong sales and guidance
· r/stocks
· May 1, 2025