$RDDT

There's another piece of alt data out today which shows $RDDT growing Q2 ad revenues at 59-60% YoY vs sell side at 47% YoY. $RDDT ad revenues are usually 93-94% of total revenues... this implies $RDDT might be on track to report $790-800M in Q2 revs vs sell side estimates at $729M If $RDDT beats consensus by 9-10% on the top line, they probably beat by way more on the bottom line because they have 90% gross margins. if $RDDT does $790-800M in Q2 and net income margins come in at 42% (similar to Q1), then there's a path to $1.75 EPS or better (depending on stock buybacks)... vs sell side at $1.45 EPS (20% beat) So, whatever their revenue % beat in Q2, it's very likely their eps % beat is 2x bigger. I'm very confident this is a $300 stock in the next 6-12 months. NFA. DYOR. *We own $