Reddit Inc. (RDDT) reported a strong first quarter in 2024, surpassing earnings and revenue expectations. The company's earnings per share (EPS) exceeded forecasts by $0.30, while its stock price surged by 17% in after-hours trading. Analysts have praised the company's performance, highlighting significant revenue growth driven by advertising. Following the earnings report, Citi reiterated its buy rating for Reddit, emphasizing the potential for revenue growth through enhanced search capabilities and video monetization. Reddit's stock price reached a high of $58 post-earnings, indicating strong market confidence. Additionally, LFYT also reported an EPS beat of $0.05 and a revenue beat for the same period.