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Trade Desk reports slower quarterly revenue growth, shares plummet

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Trade Desk reports slower quarterly revenue growth, shares plummet

Aug 7, 2025 1:39 PM

Aug 7 (Reuters) - Trade Desk ( TTD ) 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 ( TTD ) saw revenue growth of

19%, compared with a 25% growth in the same period last year.

Trade Desk ( TTD ) also appointed Alex Kayyal as its chief financial

officer effective August 21, succeeding Laura Schenkein.

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