Reddit crushes revenue and earnings estimates, issues strong guidance

{
  "signal_id": "07f34607-b20c-08e0-e03f-909f9996feb3",
  "signal_type": "news",
  "signal_subtype": "has_revenue",
  "detected_at": "2026-07-30T20:22:53+00:00",
  "company": {
    "name": "Reddit",
    "domain": "reddit.com"
  },
  "data": {
    "url": "https://www.cnbc.com/2026/07/30/reddit-rddt-q2-2026-earnings-report.html",
    "title": "Reddit crushes revenue and earnings estimates, issues strong guidance",
    "excerpt": "In this article Reddit reported second-quarter earnings on Thursday that beat on the top and the bottom lines, and the company issued guidance that sailed past expectations. Here's how the company did compared with LSEG estimates: Sales for the second quarter rose 61% year-over-year from $500 million a year earlier, the company said in a statement. Net income climbed to $253 million, or $1.25 a share, from $89 million, or 45 cents per share, the previous year . Third-quarter revenue should come in between $860 million to $870 million, the company said, while analysts were expecting $828 million. Reddit said adjusted earnings this quarter will be between $385 million and $395 million, topping Wall Street projections of $368 million. Reddit's revenue rose more than 60% for an eighth straight quarter as the company's ad business continues to benefit from overseas expansion, a rush of new users and continued improvements to its online ad engine. The results come a day after digital ad giant Meta reported a 28% increase in year-over-year revenue. That topped estimates, but the stock sank due to a weaker-than-expected forecast and dwindling cash flow tied to artificial intelligence investments. Meta's cash is going the other direction, as the companies investments stay in check. Free cash flow more than doubled to $261 million from $111 million a year ago. The company's global daily...",
    "summary": "Reddit reported a 61% year-over-year increase in second-quarter sales, reaching a figure higher than the $500 million from the previous year.",
    "planning": false,
    "image_url": "https://image.cnbcfm.com/api/v1/image/108215754-1761194640336-gettyimages-2221794806-avdtnmyjune25lot12o.jpeg?v=1770314614&w=1920&h=1080",
    "confidence": 0.9,
    "published_at": "2026-07-30T20:22:53Z",
    "article_sentence": "Sales for the second quarter rose 61% year-over-year from $500 million a year earlier, the company said in a statement."
  }
}

curl https://signals.autobound.ai/v1/signals/07f34607-b20c-08e0-e03f-909f9996feb3 \
  -H "X-API-KEY: $AUTOBOUND_API_KEY"

curl -X POST https://signals.autobound.ai/v1/companies/enrich \
  -H "X-API-KEY: $AUTOBOUND_API_KEY" \
  -H "Content-Type: application/json" \
  -d '{"domain":"reddit.com","limit":20}'