Friday, 2 May, 2025

Reddit's Q2 Revenue Forecast Surpasses Estimates Amid Ad Tech Growth

Reddit projects second-quarter revenue between $410 million and $430 million, exceeding Wall Street's $395.5 million estimate. This optimism stems from a 61% year-over-year revenue increase to $392.4 million in Q1 and a 50% rise in active advertisers. Despite potential disruptions from Google's evolving search algorithms, Reddit's ad tech investments and AI-driven engagement strategies continue to bolster its advertising strength.