Reported 2 days ago
Trade Desk, Inc. (NASDAQ:TTD) experienced an impressive 18.6% increase in its share price, closing at $71.04 on Friday, driven by a robust earnings report for the first quarter. The company's net income surged 59% to $51 million, while revenues rose 25% to $616 million year-on-year, bolstered by a customer retention rate exceeding 95%. CEO Jeff Green expressed optimism about maintaining this momentum and targeting revenues of at least $682 million for the next quarter.
Source: YAHOO