NYSE:RDDTInteractive Media and Services
Reddit (RDDT) Reports Q2 2025 Earnings Surge With Sales Up To US$500M
Reddit (RDDT) experienced a substantial legal development when a class action lawsuit was filed against it in August 2025, centered on allegedly misleading statements related to Google Search. Despite these challenges, the company reported a significant improvement in its Q2 2025 earnings, with sales jumping to $500 million from $281 million year-over-year, and net income rising to $89 million. Additionally, market optimism about potential rate cuts fueled by recent consumer inflation data...