11 hours ago
The Trade Desk (TTD) Stock: Plunges 19% After Weak Q2 Results
TLDR The Trade Desk stock fell 19.64% after hours following weaker Q2 financial results. Quarterly revenue rose only 3% as earnings and operating margins declined sharply. Adjusted EBITDA dropped to $241 million while overall profitability weakened. Third-quarter guidance pointed to continued pressure on growth and profit margins. Strong customer retention and major partnerships failed to [...]
The post The Trade Desk (TTD) Stock: Plunges 19% After Weak Q2 Results appeared first on Blockonomi.
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