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The Trade Desk (TTD): Q3 2019 Earnings Snapshot

— The Trade Desk Inc. (NASDAQ: TTD) reported Q3 2019 earnings of $0.75 per share, vs. $0.67 expected.

— Revenues grew 38% to $164.2 million, vs. $164 million expected.

— Mobile Video spend grew 50% year-over-year.

— Mobile In-app spend grew 58% year-over-year.

— Q4 2019 revenue is expected to be $213 million.

— FY19 revenue is expected to be at least $658 million.

— TTD shares fell 1.9% immediately following the announcement.

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