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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
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Sign InReddit reported second-quarter 2026 earnings that beat expectations on revenue, profit and raised guidance, while data showed the first sequential decline in U.S. daily active users in five quarters.
Revenue rose 61% year over year to $805 million, marking the eighth straight quarter of growth above 60%, as U.S. daily active uniques fell to 53.2 million from 53.5 million.
The user-metric decline overshadowed the strong financial results and triggered a 21% drop in the stock price in after-hours trading.