Reddit forecasts strong revenue as AI tools drive ad sales

Cătălin Roșioru

Feb 5 : Reddit forecast first-quarter revenue above analysts' estimates on Thursday, as artificial intelligence-powered enhancements to its ad platform help the social media platform draw more marketers. Shares of the company rose 4 per cent after-hours as Reddit also announced its maiden share repurchase plan of up to $1 billion. Reddit allows ad placement directly within subreddit discussion threads, driving ad spending on the platform as brands aim to reach highly engaged and niche

Reddit forecasts revenue above estimates as AI fuels ad sales https://www.channelnewsasia.com/ - 06.02.2026 00:28

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Reddit forecasts revenue above estimates as AI fuels ad sales https://www.channelnewsasia.com/ - 06.02.2026 00:28