The speculation had been that Obama was putting off announcing his first quarter fundraising totals because it was either very good or very bad news. Well, it's very good. With $25 million raised, Obama is just a shade under Hillary's $26 million, but his fundraising base is far wider: more than 100,000 people gave, just about twice Hillary's total. 90% of his contributions were under $100.
This bodes well for Obama's future fundraising prospects. It probably means that fewer of his donors are maxed out, and are thus likely to keep on giving.
Also of note: two of the Dem's leading candidates beat out the Republicans' leading fundraiser, Mitt Romney ($23 million.) This just might be that rare cycle where the Democratic candidate has a monetary advantage over the Republican.