Reddit's first quarter earnings snapshot.

$Reddit(RDDT.US)$ 💰Revenue soared by 48% year-over-year to $243 million.
📈 Impressive growth in advertising revenue and other revenue streams like data licensing.
💼 Achieved adjusted EBITDA profitability for the first time.
📊 User growth remained robust, with a 37% increase year-over-year.
🌍 Reached over 80 million daily users and 300 million weekly users.
🌏 International revenue saw strong growth, accounting for 18% of total revenue.
💵 Gross margins remained best-in-class at 88.6%.
💸 Generated positive free cash flow of $29 million.
🔄 Operational leverage and strategic investments contributed to financial success.
📅 Second quarter revenue expected in the range of $240 million to $255 million.