According to Odaily Planet Daily, Reddit's revenue in the first fiscal quarter was $243 million, exceeding analysts' expectations of $211.9 million. Adjusted EBITDA in the first fiscal quarter was $10 million. At the same time, the number of daily active users in the first fiscal quarter reached 82.7 million, exceeding analysts' expectations of 77.35 million. The average revenue per user was $2.94, also exceeding analysts' expectations of $2.75. Reddit expects revenue in the second fiscal quarter to be between $240 million and $255 million, higher than analysts' expectations of $228 million.