The Trade Desk Stock Soars on Sales Beat, Bullish Q4 Revenue Outlook
TTDThe Trade Desk(TTD) Investopedia·2024-02-17 03:20

Key Takeaways The Trade Desk beat estimates for fourth-quarter revenue and current-quarter guidance, sending the company's stock nearly 20% higher. The company forecast revenue for the current quarter of at least 478million.Thecompanyhasaround478 million. The company has around 700 million available for share buybacks. The Trade Desk (TTD) shares surged almost 20% Friday, after the advertising-technology firm posted strong fourth-quarter sales and guided toward current-quarter revenue that topped analysts' forecasts. The company said ...