Reddit’s strong revenue forecast signals advertising strength

May 2, 2025

, By The Economic Times

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ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/reddit” target=”_blank”>Reddit forecast second-quarter revenue above Wall Street estimates on Thursday, betting on growing digital advertising spend on the social media platform despite uncertainty over marketing budgets. The company’s shares, which rose as much as 20% in extended trading, pared gains to trade up 7%, after CEO Steve Huffman said on a post-earning call that the company expects some disruption for daily active users from Google search.

“We do expect some bumps along the way from Google, because we’ve already seen a few this year,” Huffman said, adding that…

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Reddit’s strong revenue forecast signals advertising strength

May 2, 2025

, Published By The Economic Times

ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/reddit” target=”_blank”>Reddit forecast second-quarter revenue above Wall Street estimates on Thursday, betting on growing digital advertising spend on the social media platform despite uncertainty over marketing budgets. The company’s shares, which rose as much as 20% in extended trading, pared gains to trade up 7%, after CEO Steve Huffman said on a post-earning call that the company expects some disruption for daily active users from Google search.

“We do expect some bumps along the way from Google, because we’ve already seen a few this year,” Huffman said, adding that…

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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OpenAI can’t fend off Musk’s fraud claims in restructuring suit

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