The Trade Desk Reports Third Quarter 2023 Financial Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/22/2026
- Wall St indexes advance with boost from chips, Iran optimism
- Intel soars after Trump says Apple agreed to work with chipmaker on US production
- Apple CEO warns price hikes 'unavoidable' as chip costs bite - WSJ
- Wall Street scrambles to lift Micron price targets ahead of earnings
- SanDisk and Micron surge as Apple confirms memory price pass-through
- Zelenskiy: best guarantee of Europe's future is fast-track EU membership for Ukraine
- Needham Starts NeoVolta (NEOV) at Buy
- CoreWeave trains DeepSeek-V3 in two minutes in MLPerf benchmark
- Companies to add 40 million barrels of oil to US SPR after Iran war ends, energy secretary says
- China makes small dent in deflation battle as supply-demand imbalance persists
The Trade Desk (TTD) craters on weak guidance; analysts say buy after 'dust settles'
November 9, 2023 4:50 PM EST(Updated - November 10, 2023 6:54 AM EST)
The Trade Desk Inc. (NASDAQ: TTD) shares plunged 27% in pre-open trading Friday, but are off their worse overnight levels, after reporting better-than-expected third quarter results but providing fourth quarter guidance below the Street. About a half-dozen analysts have slashed numbers following the weak guidance, but most remain positive on the company's long-term trends.
The ad tech company reported that revenue in the third quarter rose 25% to $493 million, topping the consensus of $486.9 million. Non-GAAP EPS was $0.33, versus the consensus of $0.29.
For the fourth quarter, the company... More
The Trade Desk Inc. (TTD) Tops Q3 EPS by 4c, Offers Guidance
November 9, 2023 4:02 PM ESTThe Trade Desk Inc. (NASDAQ: TTD) reported Q3 EPS of $0.33, $0.04 better than the analyst estimate of $0.29. Revenue for the quarter came in at $493 million versus the consensus estimate of $486.9 million.
GUIDANCE:
The Trade Desk Inc. sees Q4 2023 revenue of at least... More
