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TTD
Benzinga
12 days

The Trade Desk Stock Plunges After Q2 Earnings Report: Details

1. TTD's Q2 earnings matched estimates at 41 cents per share. 2. Quarterly revenue beat expectations at $694.03 million, up 19% YoY. 3. Customer retention remained strong at over 95% for the quarter. 4. CFO Alex Kayyal appointed, effective August 21. 5. Third-quarter revenue outlook forecasted at least $717 million.

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FAQ

Why Neutral?

While TTD's revenues and retention were strong, the stock fell 27.71% post-report, indicating market skepticism despite positive performance.

How important is it?

The quarterly results show solid performance metrics yet contrast sharply with the adverse stock price reaction, indicating potential investor concerns.

Why Short Term?

The immediate market reaction often dictates short-term price movements, but TTD's revenue growth may stabilize investor sentiment over time.

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