Reddit Beats Earnings Estimates With 61% Sales Growth But Stock Falls Late

Reddit Shares Tumble Despite Q2 Earnings, Revenue Beats - Reddit (NYSE:RDDT)

Reddit beat Q2 (EPS $1.25 vs $0.95, revenue +61% YoY), but stock fell—ads alone insufficient; market demands new revenue. Ad commoditization drives platforms toward AI/data licensing; IT teams should model licensing economics and potential API cost escalation into budget cycles.