The Trade Desk: 2024 Looks Like a Tidal Wave of Opportunity
Though The Trade Desk (NASDAQ: TTD) shares pulled back following the adtech platform provider's second-quarter earnings report on Wednesday, there was much to like in the update. Beyond the company's better-than-expected revenue, adjusted earnings, and guidance, the tech company's earnings call was packed with many important takeaways. Overall, the call made a great case for strong growth persisting (and possibly even accelerating) in the second half of 2023 and into 2024.
It turns out that management's guidance for its strong, double-digit revenue growth to persist into Q3 is likely just the tip of the iceberg. CEO Jeff Green said in The Trade Desk's earnings call that 2024 boasts a handful of catalysts combining to create a "tidal wave of opportunity."
Let's dig deeper into why The Trade Desk is so confident about its growth prospects next year.
Source Fool.com
