The Trade Desk current-quarter guidance tops estimates after Q2 results beat

Investing.com -- The Trade Desk (NASDAQ: TTD) on Thursday delivered upbeat guidance for the current quarter and better-than-expected second-quarter results as the digital advertising firm soaked up higher demand from advertising.

For Q3, the company sees revenue of at least $618M, topping estimates of $604.5M.

For the second quarter ended Jun. 30, the company reported adjusted earnings of $0.39 a share on revenue of $585M, topping analyst estimates for earnings of $0.36 share on revenue of $578.03.

Customer retention remained over 95% during the second quarter, the company said.

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