April 19, 2024

Programmatic

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The Trade Desk’s Stock Dives By More Than 25% After Q1 Earnings

The Trade Desk beat its own expectations for Q1, but Wall Street wasn’t pleased. The stock is currently tumbling, down more than 25% in the hours after the earnings call. The Trade Desk reported revenue of $ 219.8 million and adjusted EBITDA of $ 70.5 million, which is 32% of revenue. The company said its adjusted EBITDAContinue reading »

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