
The Trade Desk (TTD) reported its third-quarter earnings, revealing a revenue of $628.02 million, which represents a year-over-year increase of 27.32% and exceeds estimates by $8.17 million. The company also posted an earnings per share (EPS) of $0.41, beating expectations by $0.02 and reflecting a 24.24% year-over-year growth. Despite these positive results, TTD's stock fell by 8.1% in after-hours trading, with a pre-market decline of 10.5%, attributed to slightly weaker guidance for the fourth quarter. Analysts suggest that investors consider buying on the weakness in the stock price. In related news, Fortinet (FTNT) also released its quarterly earnings, reporting a revenue of $1.51 billion, a 12.99% increase year-over-year, and an EPS of $0.63, beating estimates by $0.11.
The Trade Desk $TTD 3Q24 Earnings Highlights - Rev $628m +27% ↗️🟢 - Adj EBITDA $257m +29% ↗️🟢 margin 41% +48 bps ✅ - EBIT $108m +188% ⤴️🟢 margin 17% +964 bps ✅ - NG Net Inc $207m +24% ↗️🟢 margin 33% -91 bps ↘️🔴 - Net Inc $94m +139% ⤴️🟢 margin 15% +702 bps ✅ - OCF $273m… https://t.co/skHOXAkTfa
Fortinet $FTNT has released its quarterly earnings. Revenue of $1.51B (+12.99% YoY) beats by $28M. EPS of $0.63 (+53.66% YoY) beats by $0.11.
The Trade Desk $TTD has released its quarterly earnings. Revenue of $628.02M (+27.32% YoY) beats by $8.17M. EPS of $0.41 (+24.24% YoY) beats by $0.02.

