The Trade Desk stock soars on Q2 earnings beat, revenue growth

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Josh Lipton Notícia

Quarter Estimates,Madison Mills,The Trade Desk

Shares of The Trade Desk (TTD) are soaring after the company beat second quarter estimates on both the top and bottom lines. The ad tech company reported...

) are soaring after the company beat second quarter estimates on both the top and bottom lines. The ad tech company reported revenue grew 26% year-over-year in the second quarter.We're gonna do a check in now on some of today's top trending takers again, I'm gonna kick it off with shares of trade desk.You're looking at gains of over 12% after the company topping estimates on both the top and bottom line.

They also talked about the company's partnerships with Netflix and Fox demonstrating their ability to kind of lead in the broader space. But I I think just in terms of the story behind this stock, it's just interesting given the pressure that's been on this broader sector, the the performance that they've been able to pull out and I guess the street is saying that that's partially due to these successful partnerships is interesting.

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