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The Trade Desk Reports $736 Million in Q3 Revenue as Sales Dip

Third-quarter sales fell 0.5% from a year earlier; the company forecast fourth-quarter revenue of at least $755 million and adjusted EBITDA of at least $280 million.

Updated 1 min read
An employee enters an office building in Ventura, California, beneath a gray morning sky. / EconoTimes.ai
An employee enters an office building in Ventura, California, beneath a gray morning sky. / EconoTimes.ai

The Trade Desk reported $736 million in third-quarter revenue, a slight year-over-year decline, and set a minimum $755 million revenue forecast for the fourth quarter, giving investors the company’s next sales benchmark.

Revenue for the three months ended Sept. 30 was down 0.5% from $739 million in the same period a year earlier. The company filed its earnings release with the Securities and Exchange Commission on Nov. 9, after the U.S. market closed.

For the fourth quarter, The Trade Desk forecast adjusted EBITDA of at least $280 million. EconoTimes previously covered the quarterly results and outlook.

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