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Replies to #2 on The Trade Desk


05/11/18 11:04 AM

#3 RE: crudeoil24 #2

TTD > 82% tutes own and accumulating today. The Trade Desk Inc. walloped earnings expectations in a report Thursday thanks to huge gains for advertising on streaming-video services, sending the stock up 22% in after-hours trading.

Trade Desk (TTD) reported sales of $85.7 million, beating the FactSet consensus of $73.2 million, and adjusted earnings of 18 cents a share, well above the expected 10 cents a share. In an interview with MarketWatch, Chief Executive Jeff Green credited the strength of the overall online advertising business, driven by mobile video and streaming TV.

"Streaming TV is the fastest-growing segment of our business," Green said by phone.