04:14 PM EDT, 08/08/2024 (MT Newswires) -- The Trade Desk ( TTD ) reported Q2 non-GAAP earnings late Thursday of $0.39 per diluted share, up from $0.28 a year earlier.

Analysts polled by Capital IQ expected $0.36.

Revenue for the quarter ended June 30 was $584.6 million, up from $464.3 million a year earlier.

Analysts surveyed by Capital IQ expected $578.1 million.

For Q3, the company is projecting at least $618 million in revenue.

Analysts polled by Capital IQ expect $605.5 million.

The company said it did not buy back any of its Class A common stock in Q2, adding that it had $575 million available for repurchases as of June 30.

Shares of The Trade Desk ( TTD ) were 6.5% higher in after-hours trading.

Price: 94.01, Change: +5.74, Percent Change: +6.50