The Trade Desk Stock Plunges After Q2 Earnings Report: Details - Trade Desk (NASDAQ:TTD)
UNITED STATES, AUG 7 – The Trade Desk reported 19% year-over-year revenue growth to $694 million and appointed Alex Kayyal as CFO amid a 27% stock decline over slower growth concerns.
Summary by Benzinga
8 Articles
8 Articles
The Trade Desk reports $90 million profit during Q2
The logo of The Trade Desk. (Courtesy logo, Graphic designed by The Desk) Key Points: The Trade Desk saw revenue increase 19% to $694 million in Q2, with net income of $90 million and adjusted EBITDA of $271 million. The company expanded AI, connected TV and retail media partnerships. Limited updates were available on the Trade Desk’s ambitious connected TV platform, Ventura. Six months after a rare financial stumble, advertising technology fir…
Coverage Details
Total News Sources8
Leaning Left1Leaning Right0Center4Last UpdatedBias Distribution80% Center
Bias Distribution
- 80% of the sources are Center
80% Center
L 20%
C 80%
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