.August 9, 2024 04:45:00 PM

The Trade Desk, Inc. (NASDAQ:TTD) saw a 12% increase in shares following a strong second-quarter report and optimistic guidance for Q3. Revenue is expected to exceed $618 million, beating analyst predictions of $604.5 million. Adjusted earnings for Q2 were $0.39 per share, surpassing Wall Street estimates of $0.36, with revenue hitting $585 million, above the expected $578.03 million. The company emphasized its high customer retention rates, staying above 95% during the quarter.