RTTNews | Aug 10, 2021 11:57AM EDT

11:57 Tuesday, August 10, 2021 (RTTNews.com) - Shares of online advertising platform Trade Desk Inc. (TTD) are up 10 percent on Tuesday's trading as the company posted improved results in the second quarter. The company's net income rose to $47.7 million or $0.10 per share in the second quarter from $25.1 million or $0.05 per share in the same period last year. Adjusted income was $88.2 million or $0.18 per share in the three-month period, compared to $44.8 million a year ago. Quarterly revenues rose to $279.9 million from $139.3 million in the comparable quarter last year. Analysts were expecting earnings of $0.13 per share on revenues of $257.8 million for the second quarter. Currently trading at $89.58, the stock has traded between $40.85 and $97.28 during the past 52 weeks.

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