Trade Desk reports slower quarterly revenue growth, shares plummet
ReutersAug 7, 2025 8:37 PM
Aug 7 (Reuters) - Trade Desk TTD.O on Thursday reported a slowdown in revenue growth in the second quarter on Thursday, hurt by softer demand for its digital advertising services in the connected TV market, sending it shares plummeting over 28%.
In the second quarter, Trade Desk saw revenue growth of 19%, compared with a 26% growth in the same period last year.
Trade Desk also appointed Alex Kayyal as its chief financial officer effective August 21, succeeding Laura Schenkein.
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