The Trade Desk Reports First Quarter Financial Results

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Go back to The Trade Desk Reports First Quarter Financial Results

The Trade Desk (TTD) PT Raised to 'Street High' $370 at Needham & Company

May 8, 2020 7:38 AM EDT

Needham & Company analyst Laura Martin raised the price target on The Trade Desk (NASDAQ: TTD) to a 'Street High' $370.00 (from $250.00) while maintaining a Buy rating.

The analyst commented, "TTD reported 1Q20 revenue of $160.7mm (up 33% y/y and 2% below our estimate),... More

The Trade Desk, Inc. (TTD) Tops Q1 EPS by 48c, Revs Beat; Not Providing Guidance

May 7, 2020 4:02 PM EDT

The Trade Desk, Inc. (NASDAQ: TTD) reported Q1 EPS of $0.90, $0.48 better than the analyst estimate of $0.42. Revenue for the quarter came in at $160.7 million versus the consensus estimate of $158.34 million.

Despite the Covid-19 pandemic, our team delivered a strong March quarter. We delivered 33% year-over year revenue growth and strong EBITDA margins.... More