Reddit stock soars on Q2 forecast скачать в хорошем качестве

Reddit stock soars on Q2 forecast

Shares of Reddit (RDDT) jumped in after-hours trading. The social media company reported first quarter revenue of $243 million versus estimates of $211.9 million. Daily active users were 82.7 million versus the 77.35 million estimate and average revenue per user was $2.94 compared to expectations of $2.75. What sent shares soaring however was the second quarter outlook. Reddit sees 2Q revenue in a range of $240 million to $255 million. The estimate was $228 million. The company sees 2Q Adjusted Ebitda in a range $0 to $15 million compared to the expectation of a $13 million loss. Yahoo Finance's Josh Lipton and and Jared Blikre break down the report About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. Get the latest news and data at finance.yahoo.com Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO) Follow Yahoo Finance on social: X:   / yahoofinance   Instagram: https://www.instagram.com/yahoofinanc... TikTok: https://www.tiktok.com/@yahoofinance?... Facebook:   / yahoofinance   LinkedIn:   / yahoo-finance