Trade Desk tumbles after Q2 miss and tepid guidance streak
TL;DR Summary
The Trade Desk posted Q2 revenue of $715.06 million and adjusted EPS of $0.34, missing Wall Street expectations, and issued weaker Q3 guidance of at least $650 million in revenue and about $160 million EBITDA (vs. consensus near $805 million and $340 million). Shares slid more than 26% after hours following a 6.8% drop in the regular session. Retail chatter on StockTwits remained broadly bullish, with debates over whether the disappointment stemmed from weak guidance or slower growth. CEO Jeff Green said the company will intensify AI, measurement, and decisioning tools to boost future value, and customer retention stayed above 95%.
- TTD Stock Sinks Over 26% On Earnings Miss, Weak Outlook — Retail Says Trade Desk’s Guidance Is The Real Problem Yahoo Finance
- Trade Desk sinks on revenue miss, margin pressure (TTD:NASDAQ) Seeking Alpha
- Trade Desk shares tumble on earnings miss and weak outlook MarketWatch
- Trade Desk Stock Slumps After Revenue Misses Forecasts Barron's
- The Trade Desk Stock Craters on Q2 Earnings — Here's Why Benzinga
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