The Trade Desk, Inc. Q2 Profit Falls
(RTTNews) - The Trade Desk, Inc. (TTD) released a profit for second quarter that Drops, from last year
The company's bottom line came in at $64.394 million, or $0.14 per share. This compares with $90.129 million, or $0.18 per share, last year.
Excluding items, The Trade Desk, Inc. reported adjusted earnings of $157.554 million or $0.34 per share for the period.
The company's revenue for the period rose 3.0% to $715.057 million from $694.039 million last year.
The Trade Desk, Inc. earnings at a glance (GAAP) :
-Earnings: $64.394 Mln. vs. $90.129 Mln. last year. -EPS: $0.14 vs. $0.18 last year. -Revenue: $715.057 Mln vs. $694.039 Mln last year.
-Guidance: Next quarter revenue guidance: $ 650 M
Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.