The Trade Desk Reports Second Quarter Financial Results

About this update from The Trade Desk, Inc.

[{"type":"text","content":" LOS ANGELES--(BUSINESS WIRE)--\nThe Trade Desk, Inc. (NASDAQ: TTD), a provider of a global technology platform for buyers of advertising, today announced financial results for its second quarter ended June 30, 2021.\n\n“Revenue more than doubled year-over-year to $280 million in the second quarter. Our growth speaks to The Trade Desk’s position as the default DSP for the open internet. Nowhere is this more apparent than in Connected TV, as more premium streaming inventory becomes available to meet growing marketer demand for data-driven TV advertising,” said Jeff Green, founder and CEO of The Trade Desk. “From a customer perspective, more of the world’s leading brands, and their agencies, joined our platform, or expanded their relationship with us. This, and our robust international growth in the second quarter, gives us tremendous optimism moving forward. We also recently launched our new trading platform, Solimar, the biggest product launch in our company’s history. Solimar allows advertisers to take advantage of many opportunities in front of them today, with features such as simple and secure onboarding of first-party data; the industry’s most advanced cross-channel measurement marketplace; and advanced, multi-level goal-setting which allows our KOA AI technology to optimize campaigns for the trader.”\n\nSecond Quarter 2021 Financial Highlights:\n\nThe following table summarizes our consolidated financial results for the three and six months ended June 30, 2021 and 2020 ($ in millions, except per share amounts):\n\n\n\n \n\n\n\n \n\n\n\nThree Months Ended\n\n\n\n \n\n\n\n \n\n\n\nSix Months Ended\n\n\n\n \n\n\n\n\n\n \n\n\n\n \n\n\n\nJune 30,\n\n\n\n \n\n\n\n \n\n\n\nJune 30,\n\n\n\n \n\n\n\n\n\n \n\n\n\n \n\n\n\n2021\n\n\n\n \n\n\n\n \n\n\n\n2020\n\n\n\n \n\n\n\n \n\n\n\n2021\n\n\n\n \n\n\n\n \n\n\n\n2020\n\n\n\n \n\n\n\n\n\nGAAP Results\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n\n\nRevenue\n\n\n\n \n\n\n\n$\n\n\n\n280.0\n\n\n\n \n\n\n\n \n\n\n\n$\n\n\n\n139.4\n\n\n\n \n\n\n\n \n\n\n\n$\n\n\n\n499.8\n\n\n\n \n\n\n\n \n\n\n\n$\n\n\n\n300.0\n\n\n\n \n\n\n\n\n\nIncrease in revenue year over year\n\n\n\n \n\n\n\n \n\n\n\n101\n\n\n\n%\n\n\n\n \n\n\n\n \n\n\n\n(13\n\n\n\n)%\n\n\n\n \n\n\n\n \n\n\n\n67\n\n\n\n%\n\n\n\n \n\...

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