The Beat Is the Message at The Trade Desk

Advertising may not seem like fertile turf for growth investors, but The Trade Desk (NASDAQ: TTD) continues to sprout. The top dog of high-tech programmatic solutions for the advertising industry delivered healthy gains for its second quarter after Thursday's market close. 

Revenue rose 42.4% to hit $159.9 million for the three months ending in June, accelerating from the 41.2% year-over-year gain it posted last time out. The Trade Desk also beat its top-line guidance calling for a 37% ascent, but that's not much of a surprise. The company has routinely cranked out conservative outlooks, landing 17%, 9%, 2%, 9%, and 4% ahead of its five previous quarterly revenue forecasts, respectively.

Image source: The Trade Desk.

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Source Fool.com