The Trade Desk (TTD) craters on weak guidance; analysts say buy after 'dust settles'
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The Trade Desk Reports Third Quarter 2023 Financial Results
November 9, 2023 4:01 PM ESTLOS ANGELES--(BUSINESS WIRE)-- The Trade Desk, Inc. (NASDAQ: TTD), a provider of a global technology platform for buyers of advertising, today announced financial results for its third quarter ended September 30, 2023.
Q3 was a strong quarter for The Trade Desk as we delivered revenue of $493 million, accelerating growth to 25%. This performance underlines the premium that advertisers are placing on precision, agility and transparency as they seek to maximize returns from their campaigns, said Jeff Green, Co-founder and CEO of The Trade Desk. As we enter our busiest time of year and... More
