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The Trade Desk current-quarter guidance tops estimates after Q2 results beat

Investing.com -- The Trade Desk (NASDAQ:TTD) on Thursday delivered upbeat guidance for the current quarter and better-than-expected second-quarter results as the digital advertising firm soaked up higher demand from advertising. 

For Q3, the company sees revenue of at least $618M, topping estimates of $604.5M. 

For the second quarter ended Jun. 30, the company reported adjusted earnings of $0.39 a share on revenue of $585M, topping analyst estimates for earnings of $0.36 share on revenue of $578.03.

Customer retention remained over 95% during the second quarter, the company said.

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.