secwatch.observer — SEC 8-K summary
======================================

Issuer:     Reddit, Inc. (RDDT)
CIK:        0001713445
Form:       8-K
Filed at:   2025-05-01T23:59:59+00:00
Accession:  0001713445-25-000100
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Reddit Q1 revenue $392.4M (+61% YoY), first GAAP net income $26.2M, Q2 revenue guidance $410M-$430M
--------------------------------------------------------------------------------

- Revenue $392.4M (+61% YoY), ad revenue $358.6M (+61%), other revenue $33.7M (+66%).
- GAAP net income $26.2M vs. net loss of $575.1M a year ago; diluted EPS $0.13.
- Adjusted EBITDA $115.3M (29.4% margin), up from $10.0M a year ago.
- DAUq 108.1M (+31% YoY); WAUq 401.3M (+31%); international DAUq +41%.
- Q2 guidance: revenue $410M-$430M, adjusted EBITDA $110M-$130M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1713445/000171344525000100/0001713445-25-000100-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1713445/000171344525000100/rddt-20250501.htm
  HTML page:      https://secwatch.observer/filing/0001713445-25-000100

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer