The Trade Desk Stock Is Tumbling After The Bell: What's Going On?

The Trade Desk Inc (NASDAQ:TTD) shares are falling after the company reported third-quarter financial results after the market close on Thursday. Here’s a rundown of the report.

Q3 Revenue: $628 million, versus estimates of $619.85 million

Q3 Adjusted EPS: 41 cents, versus estimates of 39 cents

The Trade Desk reported total revenue growth of 27% year-over-year and noted customer retention remained strong at over 95% in the third quarter.

“The Trade Desk delivered strong performance in the third quarter, with revenue of $628 million, accelerating growth to 27%. This performance underlines the value that advertisers are placing on precision and transparency as they work with us to ...