Reddit(RDDT) - 2024 Q2 - Quarterly Results

Exhibit 99.1 Reddit Announces Second Quarter 2024 Results Strong Q2 results, including both revenue and users each growing over 50% year-over-year Daily Active Uniques ("DAUq") increased 51% year-over-year to 91.2 million Revenue increased 54% to $281.2 million, more than doubling growth rate from prior year Net loss reduced to$10.1 million. Positive Adjusted EBITDA of $39.5 million, up$74.9 million, with 14% Adjusted EBITDA margin, up over 3000 basis points from prior year 1 1 Operating cash flow of $28. ...