Morningstar

Reddit Inc Class A Shares

RDDT: XNYS (USA)
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Reddit Earnings: Strong User Growth and Monetization Deliver Blowout Results

Reddit reported solid second-quarter results, exceeding top-line and bottom-line guidance. Average revenue per user, or ARPU, grew 47%, and daily active users, or DAUs, grew 21% year over year, both of which drove total revenue to $500 million, up 78% over the previous year.

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