Weak Second-Quarter Outlook Sends The Trade Desk Lower Despite Revenue Beat
The Trade Desk shares were down about 13% in after-hours trading after the company reported first-quarter adjusted earnings that missed estimates and gave a weaker-than-expected second-quarter outlook. Revenue rose 12% to $689 million, topping the roughly $679 million expected, while adjusted earnings per share were $0.28, below the $0.32 expected.
For the second quarter, The Trade Desk forecast revenue of at least $750 million, short of the $772.4 million expected, and adjusted EBITDA of about $260 million. Chief Executive Officer Jeff Green said strategic upgrades across the company helped drive first-quarter outperformance, even as the business faced headwinds in the macro environment.
From the sources (7 posts)
@zerohedge*TRADE DESK SEES 2Q ADJ. EBITDA ABOUT $260M, EST. $292.4M TTD < $20 as this remarkable corporate implosion continues
@alphasenseinc$TTD Earnings: - Revenue: $689 million - EPS: $0.28 “Q1 was another strong quarter for The Trade Desk, with revenue growing to $689 million, representing 12% year-over-year growth,” said Jeff Green, CEO and Co-Founder of The Trade Desk. “
@stockmktnewzTrade Desk $TTD stock is down big in after hours 🔴🔴🔴🔴
@kobeissiletterBREAKING: The Trade Desk, $TTD, falls over -20% after posting weaker than expected earnings. The stock is now down -85% since December 2024 in a historic corporate collapse.
@thetranscript_Trade Desk earnings miss CEO: "Q1 was another strong quarter for The Trade Desk, with revenue growing to $689 million, representing 12% year-over-year growth," $TTD: -14% AH
@fiscal_aiThe Trade Desk just reported their slowest revenue growth since the pandemic. $TTD -12.7%
@wallstengine$TTD Q1’26 EARNINGS HIGHLIGHTS 🔹 Revenue: $689M (Est. $679.5M) 🟢; +12% YoY 🔹 Adj. EPS: $0.28 (Est. $0.32) 🔴 🔹 Adjusted EBITDA: $206M 🔹 Adjusted EBITDA Margin: 30% 🔹 Customer Retention: Over 95% Q2 2026 Guide: 🔹 Revenue: At least $750M (Es