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EarningsNorth America

The Trade Desk Q3 profit drops 67% as revenue slips

· 3d ago · Originally reported by Indian Television Dot Com

The Trade Desk reported a 67 percent decline in third-quarter profit alongside a slip in revenue. The financial results highlight a challenging period for the independent demand-side platform.

Why it matters

Earnings from major ad tech infrastructure providers signal the overall health and spending trends of the digital advertising market.

Explain it like I’m new here

The company that helps buy ads online made much less money than it did last time, which shows how the ad business is doing.

Read the original at Indian Television Dot Com

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