What to Look for When The Trade Desk Reports Earnings on Thursday
The coronavirus pandemic is causing significant disruptions to many businesses around the world. The Trade Desk (NASDAQ: TTD) is one of those impacted by the outbreak as marketing budgets were slashed when cities and states started issuing stay-at-home mandates. The company helps buyers of advertising through its cloud-based platform, where ad buyers can create and optimize data-driven digital ad campaigns.
Now that phased reopenings are in process, advertisers have restarted their marketing campaigns, and The Trade Desk is poised to benefit. The company is expecting to release its fiscal second-quarter results on Thursday, Aug. 6, and here are a few crucial factors investors should keep an eye on.
The Trade Desk is ready to help businesses get the word out. Image source: Getty Images.
Source Fool.com
