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we are updating our estimate of subscription revenue for Q2 FY25. Q2 FY25: We expect subscription revenue of $136m, marketplace & other revenue of $40m and total company revenue of $176m. We are modeling adjusted gross…

We are updating our model to reflect Q1 results. We are lowering our price target to $17 and maintain Neutral rating. we now expect the following results: Q3 FY24: We are modeling Create Solutions revenue of…

We are updating our estimates following Q2 FY24 report. Our rating and price target remain unchanged. We currently expect RDDT to report the following results: Q3 FY24: Average Daily Uniques (DAUq) of 96m; $275m in advertising…

We are updating our model to reflect Q1 results. We are lowering our price target to $17 and maintain Neutral rating. we now expect the following results: Q3 FY24: We are modeling Create Solutions revenue of…

We are raising our 12 month price target to $107 and maintain Buy rating. Our updated estimates are: Q3 FY24: we are modeling Software Platform revenue of $754m and Adjusted Ebitda of $558m, Apps revenue…

We are updating estimates following Q2 report. Our rating and price target remain unchanged. We are now modeling Q3 revenue of $618m and Adjusted Ebitda of $248m. We expect full FY24 revenue of $2,432m and…

The question now is how much upside there is to Q3 and Q4 estimates and what will Fy25 look like as get get closer to it. Q2 results and guide for Q3 once again show…

We are updating our model following Q1 FY25 report. We maintain Neutral rating and adjust our price target to $23.50 to reflect the recent valuation multiple compression. Q2 FY25: We expect subscription revenue of $176m, marketplace…

We are updating our model following Q21 report, our revised forecast is below. Our price target and rating remain unchanged. For Q3 FY24, we expect Connected TV revenue of $63m, Desktop revenue of $27m and…

The beat is smaller than in previous quarters since AXON 2 launched but in line with the company’s message of Software Platform revenue growing in the mid-single digits Q/Q absent software improvements similar to the…

We are updating our model following Q2 FY24 results. We are raising our price target to $58 to reflect our updated forecast. Our estimates for Q3 FY24 are: 10,445K digital-only subs at quarter end Digital-only…

Digital-only net adds were 2x better than we expected and up 43% v. Q1. Digital-only ARPU came in as expected. The release calls out growth in digital display at the NYTG and The Athletic ad…

We are initiating coverage of RDDT with a Buy rating and 12 month price target of $67. Our thesis is straightforward: we believe that the recent and continuing product and monetization improvements will drive upside…

We are updating our estimates following Q2 report. Our rating and price target remain unchanged. Q3 FY24: We expect Platform revenue of $851m and gross profit of $463m, Devices revenue of $159m and gross profit of…

Another quarter of beating the estimates and guiding to basically in-line revenue in Q3. A few things stand out: (i) the Shareholder Letter this time highlights initiatives to accelerate Platform revenue growth; (ii) The Roku…