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The Trade Desk TTD reported revenues of $736 million in the third quarter of 2026, declining 0.5% year over year compared with 18% growth in the year-ago period. Management had projected revenues of at least $650 million. Although revenues exceeded management's expectations, the performance raises questions about whether the revenue growth is approaching a sustainable recovery. The better-than-expected quarterly performance was driven by strength in medical health advertising, political spending and a contribution from a strategic partner. Management disclosed that business with a strategic partner contributed approximately three percentage points to revenue growth, a benefit it does not expect to recur.
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