Mar 2017: revenue grew 76%!
Jun 2017: revenue grew 54% – still awesome
Sep 2017: revenue grew 50% – no complaints here
Dec 2017: revenue grew 42%
No one would ever say that 42% is bad, but it’s just over half what it was a few quarters ago. It is fair to say that the growth rate is slowing FAST. That fact tells a very different story than their gaudy triple digit segment growth numbers.
Sorry Bear, but I cannot help but bring light to this thread again…and in your defense, you had no way of knowing that growth was about to re-accelerate to 60-something % for the quarter ending in March 2018 and stay at 54% for the quarter ending in June 2018.
I still regret not sticking more with my own conviction and adding more to my TTD position prior to that May announcement for the quarter ending in March.
-volfan84
still long TTD