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EarningsNorth America

The Trade Desk reports Q3 revenue of $736 million, down 0.5%

· 3h ago · Originally reported by PitchOnnet

The Trade Desk posted third-quarter revenue of $736 million, a 0.5% decline year over year. Despite the dip, shares jumped roughly 15% following the report.

Why it matters

The Trade Desk is the largest independent programmatic demand-side platform, so its results are a key indicator of open-web advertising demand.

Explain it like I’m new here

It's like the biggest lemonade stand on the block selling slightly less than last year, but neighbors still got excited about its future.

Read the original at PitchOnnet

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