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The Trade Desk Beats Q3 Revenue Estimates and Raises Q4 Guidance

Stocktwits +1 · ·by G4L

TTD
TTD Trade Desk Inc
$14.93 +15.47%
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  1. 1The Trade Desk reported Q3 revenue of $736 million, exceeding the analyst consensus of approximately $651 million.
  2. 2The Trade Desk provided Q4 revenue guidance of at least $755 million and adjusted core profit guidance of at least $280 million.
  3. 3The Trade Desk increased its share repurchase authorization by $731 million, raising the total remaining limit to $1 billion.

So what's the key point?

The Trade Desk earned more revenue than experts expected. The company also raised its future revenue outlook and decided to buy back more of its own shares.

Source Stocktwits +1 · View original ↗

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