Story perspectives
Reddit Surpasses Earnings Expectations, Shares Soar 500%
10/31/2025
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Story summary
- Reddit Inc. reported third-quarter earnings that beat Wall Street expectations, earning 80 cents per share.
- Revenue rose 68% to $585 million.
- Daily active users averaged 116 million, surpassing forecasts.
- Reddit projects third-quarter sales of $660 million, higher than previous analyst estimates.
- Shares have surged nearly 500% since the IPO in March 2024.
