The Trade Desk Inc.
- Trade Desk Inc. dropped 38.6% to $54.23 despite the advertising technology company reporting a slight increase in revenue and net income in the latest quarter.
Consolidated revenue in the June quarter increased to $694 million from $585 million, net income inched higher to $90 billion from $85 billion, and diluted earnings per share rose to 18 cents from 17 cents a year ago.
During the second quarter, the company repurchased $261 million of its Class A common stock, and as of June 30, $375 million remained available under the share repurchase program.
For the third quarter, the company estimated revenue of "at least $717 million" and anticipates adjusted EBITDA of approximately $277 million.
Aug 11, 2025
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