RELATED: Single Mom's Bank Account Wiped Out By 7-Year-Old Playing Roblox It has become something of a tour de force in regard to player numbers, competing with Fortnite and Minecraft in terms of active players. The Trade Desk CEO and co-founder Jeff Green wrote in the earnings release that the strong sales “gives us confidence that we will continue to gain market share in any market environment.” The Trade Desk sees revenue of at least $385 million in the third quarter, topping the street’s estimate of $382.1 million.Robloxis a name many people will have only recently started hearing, but the gaming platform has been around for over a decade. Adjusted earnings per shares were up 11% from a year ago to 20 cents, on a 35% rise in sales to $377 million. The Trade Desk ( TTD ): Shares jumped on strong revenue growth and upbeat third-quarter guidance. Sweetgreen CFO Mitch Reback noted in the earnings release that the company started to see softness in revenue around Memorial Day, and will “continue to manage corporate overhead and efficiently run our restaurants as we work towards profitability.” The company also announced it’s cutting 5% of its workforce and reducing office space in an effort to reduce costs. Sweetgreen ( SG ): Shares sold off in after-hours trading after the salad chain cut its full-year revenue forecast due to ‘softness’ and slashed its FY comp sales outlook to 13% to 19% growth from 20% to 26%. Average daily active users rose 21% to 52.2 million, but average booking for each daily user declined to $12.25, down 21% from the year-ago period. The gaming company reported a loss of 30 cents a share, wider than the 25 cents a share loss posted a year ago. Booking for the quarter totaled $639.9 million, down 4% from a year ago. Roblox ( RBLX ): A drop in second-quarter bookings weighed on Roblox shares in after-hours.
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