Reddit Had Good Karma In Q1, With Ad Revenue Up 61%

Happy first IPO-aversary, Reddit. (And happy 20th birthday.) The market got you a present. Reddit’s stock soared nearly 18% in after-hours trading on Thursday thanks to a revenue beat in the first quarter and strong guidance for Q2. The company, which went public in February 2024 and reported for the first time last March, generated […] The post Reddit Had Good Karma In Q1, With Ad Revenue Up 61% appeared first on AdExchanger.

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