· 业绩复盘
涉及标的： $0$1$204M$285$295$608M$663M$715M$725M$RDDT
哇，$RDDT 刚刚交出了一份爆表的季度财报。 -> 营收 6.63 亿美元（同比增长 69%），高于约 6.08 亿美元共识。 -> EPS 1.01 美元，高于 0.6 美元共识（超预期 68.3%）。 -> 毛利率 91.5%。 -> Q1 GAAP 净利润 2.04 亿美元。这个可能是真正衡量盈利能力最重要的数字，因为它包含 SBC。 下季度他们指引营收 7.15 亿至 7.25 亿美元，调整后 EBITDA 2.85 亿至 2.95 亿美元。 Reddit 看起来简直就是一台高增长印钞机。（披露：我确实持有 Reddit 仓位。） 短线期权流会带来很多图表波动。 但从基本面看，如果你抛开噪音去看 Reddit 的财报，Reddit 就是在疯狂印钞。
Wow, $RDDT just posted an absolute blowout quarter. -> $663M revenue (69% growth Y/Y) vs. ~$608M consensus. -> $1.01 EPS reported vs. $0.6 consensus (68.3% beat). -> 91.5% gross margins. -> Q1 GAAP net income was $204M. This is probably the most important figure for true profitability since it includes SBC. Next quarter they projected, $715M to $725M revenue growth with $285 million to $295 million adjusted EBITDA. Reddit looks like a literal, high growth money printer. (Disclosure: I do have Reddit positions.) Expect a lot of chart volatility from short term option flows. But fundamentally, if you look at Reddit earnings without the noise, Reddit money printer go brrr.