Net income soars at The Trade Desk but falls short of analyst forecasts

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Net income soars at The Trade Desk but falls short of analyst forecasts

By Staff Report / Thursday, August 8th, 2019 / Comments Off on Net income soars at The Trade Desk but falls short of analyst forecasts

Revenue for The Trade Desk continued to climb in the second quarter to nearly $160 million, but a 44 percent increase in net income missed forecasts by analysts — taking some momentum out of the stock in after-hours trading. The Ventura digital advertising platform reported net income of $27.8 million, compared to $19.3 million in…

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