04:15 PM EST, 11/07/2024 (MT Newswires) -- Trade Desk ( TTD ) reported Q3 non-GAAP earnings late Thursday of $0.41 per diluted share, up from $0.33 a year earlier.

Analysts polled by Capital IQ expected $0.39.

Revenue for the quarter ended Sept. 30 was $628 million, up from $493.3 million a year earlier.

Analysts surveyed by Capital IQ expected $620.6 million.

For Q4, the company is projecting at least $756 million in revenue. Analysts polled by Capital IQ expect $752.2 million.

The company said it bought back $54 million of its Class A common stock in Q3 and it had $521 million available for repurchases as of Sept. 30.

Shares of Trade Desk ( TTD ) were 7.2% lower in after-hours activity.

Price: 123.00, Change: -9.53, Percent Change: -7.19