The Trade Desk Reports Second Quarter Financial Results

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Go back to The Trade Desk Reports Second Quarter Financial Results

The Trade Desk (TTD) PT Raised to $300 at Pivotal Research

August 9, 2019 3:47 AM EDT

Pivotal Research analyst Michael Levine raised the price target on The Trade Desk (NASDAQ: TTD) to $300.00 (from $265.00) while maintaining a Buy rating.

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The Trade Desk, Inc. (TTD) Tops Q2 EPS by 26c, Revenues Beat; Q3 Revenue Guidance Above Consensus, FY19 Revenue Outlook Below Consensus

August 8, 2019 4:03 PM EDT

The Trade Desk, Inc. (NASDAQ: TTD) reported Q2 EPS of $0.95, $0.26 better than the analyst estimate of $0.69. Revenue for the quarter came in at $159.9 million versus the consensus estimate of $155.64 million.

We delivered outstanding performance in the second quarter, once again surpassing our expectations. Q2 revenue growth of 42% accelerated from the 41% growth in Q1. This performance is testament to the increasing trust that major global advertisers are placing in us as they shift more of their advertising dollars to programmatic. For the quarter,... More