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The Trade Desk, Inc. (symbol: TTD) powers the most sophisticated buyers in advertising technology. Founded by the pioneers of real-time bidding, The Trade Desk has rapidly emerged as the fastest-growing demand-side platform in the industry. The company offers agencies, aggregators, and their advertisers top-notch technology to manage display, social, and video advertising campaigns efficiently.
The Trade Desk's platform is a self-service interface that enables advertisers and ad agencies to programmatically find and purchase digital ad inventory across various devices, including computers, smartphones, and connected TVs. Leveraging comprehensive data analytics, the platform optimizes the performance of ad impressions purchased, ensuring effective and targeted ad placements.
Headquartered in Ventura, California, The Trade Desk operates from several key locations globally, including New York City, Chicago, San Francisco, Los Angeles, Boulder, Hamburg, London, and Singapore. The company's commitment to maintaining a pure buy-side focus allows it to deliver exceptional branding and performance results for clients worldwide.
The Trade Desk stands out in the market with its expressive bid capabilities, full-funnel attribution, and detailed reporting, which illustrate the consumer journey from initial impression to conversion. These features empower buyers at the campaign level, providing them with actionable insights and a competitive edge in the advertising landscape.
Financially, The Trade Desk generates its revenue through fees based on a percentage of client advertising spend. This model underscores the company's alignment with the success of its clients, fostering a mutually beneficial relationship. For more detailed information, visit their official website at www.thetradedesk.com.
Fluidstack, the AI Cloud Platform, announced key executive appointments to strengthen its leadership team. Rob Perdue, former COO of The Trade Desk (TTD), joins as Chief Operating Officer, bringing experience from scaling TTD from $1M to $700M in revenue and increasing enterprise value from $20M to $22B.
Additional appointments include Dan Carpenter as VP of Sales from AWS, Mike McDonald as VP of Product with experience from Google and Microsoft, and Katherine Ollerhead as General Counsel, formerly of Canonical.
The leadership expansion follows Fluidstack's recent €10 billion commitment to building a 1-gigawatt AI supercomputer in France, announced at the AI Action Summit in Paris.
The Trade Desk (TTD) has appointed Alex Kayyal to its board of directors. Kayyal, currently a partner at Lightspeed Venture Partners, brings extensive experience as an investor, operator, and advisor to technology companies. He has a decade-long relationship with TTD as an early investor and previously served as Senior Vice President at Salesforce, where he managed Salesforce Ventures and expanded their global investment footprint to over $5 billion in deployed capital.
Kayyal's expertise includes identifying global trends, driving innovation, and scaling high-growth businesses. He has advised and invested in leading technology companies across 15 countries, including notable firms like Gong, Miro, and monday.com. His background includes founding HGP, a venture growth fund where he led the initial investment in The Trade Desk, and starting his career at Merrill Lynch advising growth-stage companies.
The Trade Desk (TTD) reported its Q4 and fiscal year 2024 results, achieving $2.4 billion in revenue with 26% year-over-year growth and $12 billion in platform spend. Despite missing Q4 expectations, the company maintained strong performance with over 95% customer retention for the eleventh consecutive year.
Key financial highlights include Q4 revenue of $741 million (22% YoY growth), net income of $182 million (25% margin), and adjusted EBITDA of $350 million (47% margin). For Q1 2025, TTD expects revenue of at least $575 million and adjusted EBITDA of approximately $145 million.
The company announced a significant expansion of its share repurchase program, bringing the total authorization to $1 billion. In Q4 2024, TTD used $57 million for stock buybacks, with a total of $235 million used throughout 2024 at an average price of $93.97 per share.
The Trade Desk (NASDAQ: TTD) has announced it will release its fourth quarter and fiscal year 2024 financial results after market close on Wednesday, February 12, 2025. The company will host a webcast and conference call to discuss the results at 2:00 P.M. Pacific Time (5:00 P.M. Eastern Time) on the same day.
Investors can access the live webcast through the company's Investor Relations website at investors.thetradedesk.com. For those joining by phone, North American callers can dial 888-506-0062, while international callers should use 1-973-528-0011, with conference ID '277752'. An audio replay will be available until February 19, 2025, accessible by dialing 877-481-4010 (US) or 1-919-882-2331 (international) with replay code 51930.
The Trade Desk (Nasdaq: TTD) announced a definitive agreement to acquire Sincera, a digital advertising data company specializing in providing objective insights for the advertising ecosystem. The acquisition aims to help advertisers better understand publisher data quality and optimize ad impression valuation.
Sincera's integration with The Trade Desk's platform will enhance advertisers' perspective on their purchases and help publishers optimize their data signals to maximize advertising demand. The company's tools will show publishers which data signals are most valued by advertisers, particularly important as digital advertising channels expand into streaming TV, digital audio, and retail media.
The acquisition, led by Sincera's Co-founder and CEO Mike O'Sullivan who will report to TTD's CEO Jeff Green, is expected to close in Q1 2025. Financial terms were not disclosed.
Ezoic has announced a strategic partnership with The Trade Desk (TTD), the second-largest demand-side advertising platform globally after Google, managing over $5B in annual ad spend. This unique collaboration makes Ezoic a key partner in TTD's OpenPath program, creating a direct connection between independent publishers and TTD's advertisers.
The partnership aims to provide a transparent avenue for brands to shift ad budgets from walled gardens, with early testing showing promising revenue increases for Ezoic publishers. The collaboration includes integration with Unified ID 2.0 and Ezoic's ezID platform, focusing on privacy-compliant first-party data utilization as third-party cookies phase out.
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The Trade Desk (NASDAQ: TTD) has announced Ventura, a new streaming TV operating system designed to revolutionize the streaming advertising landscape. The system aims to solve key issues in current market systems by providing a more intuitive user experience, streamlining advertising supply chains, and eliminating content conflicts-of-interest. Expected to deploy by 2025, Ventura has gained support from major industry players including Disney, Paramount, Tubi, and Sonos. The system will incorporate advances like OpenPath and Unified ID 2.0 to enable more accurate ad impression valuation and precise audience targeting across streaming platforms.
The Trade Desk (NASDAQ: TTD) announced that its stockholders approved the company’s reincorporation from Delaware to Nevada. This decision was made at a special meeting of stockholders held on November 14, 2024. The details of this proposal were outlined in the company's proxy statement filed with the U.S. Securities and Exchange Commission on October 3, 2024.
The Trade Desk (TTD) reported strong Q3 2024 financial results with revenue reaching $628 million, representing 27% year-over-year growth. The company achieved a net income of $94 million with a 15% margin and adjusted EBITDA of $257 million. Customer retention remained above 95% for the tenth consecutive year. The company expanded partnerships for Unified ID 2.0, including collaborations with Spotify and Roku. For Q4 2024, TTD expects revenue of at least $756 million and adjusted EBITDA of approximately $363 million. The company repurchased $54 million of Class A common stock during Q3.
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