Recap: Trade Desk Q2 Earnings

Shares of Trade Desk TTD increased 0.77% in after-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share decreased 3.16% year over year to $0.92, which beat the estimate of $0.17.

Revenue of $139,355,000 decreased by 12.86% from the same period last year, which beat the estimate of $134,860,000.

Guidance

Third Quarter 2020 outlook summary:

• Revenue range between $177 million and $181 million
• Adjusted EBITDA of at least $30 million

How To Listen To The Conference Call

Date: Aug 06, 2020

Time: 05:00 PM

ET Webcast URL: https://edge.media-server.com/mmc/p/frnesmtx

Technicals

Company's 52-week high was at $500.00

52-week low: $136.00

Price action over last quarter: Up 52.10%

Company Description

The Trade Desk Inc is engaged in providing a technology platform for ad buyers. Through its cloud-based platform ad buyers can create, manage, and optimize data-driven digital advertising campaigns across ad formats and channels, including display, video, audio, in-app, native and social, on a multitude of devices. Its products include Data Management Platform, Cross-Device Targeting, Video Advertising, Mobile Advertising, and others.