Why The Trade Desk's Growth May Accelerate
A surface-level look at The Trade Desk's (NASDAQ: TTD) third-quarter results could lead some investors to believe the company's rapidly growing business is entering a period of deceleration. After all, the programmatic advertising company's 38% year-over-year revenue growth rate in Q3 was below growth rates between 41% and 55% in the prior three quarters.
But investors would do well to look beyond The Trade Desk's third-quarter revenue growth deceleration and consider some of the company's underlying catalysts. A closer look at the ad-buying platform specialist's business suggests there's a good chance growth can accelerate in the coming quarters.
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Source Fool.com
