Trade Desk forecasts second-quarter revenue below estimates
07/05/2026 21:15
May 7 (Reuters) - Ad-tech firm Trade Desk Inc TTD.O forecast second-quarter revenue below Wall Street estimates on Thursday, as advertisers turned more cautious with their budgets in an uncertain macroeconomic environment. The company expects revenue of at least $750 million, compared with estimates of $771.3 million, according to data compiled by LSEG. Shares of the company fell more than 17% in extended trading. (Reporting by Juby Babu in Mexico City; Editing by Sriraj Kalluvila) ((Juby.Babu@thomsonreuters.com;))