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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.
The Trade Desk (NASDAQ: TTD) announced it will release its financial results for the first quarter on May 10, 2023, after market close. The company will host a webcast and conference call at 2:00 PM PT to discuss these results. Investors can access the call through the Investor Relations section of The Trade Desk's website, with a replay available post-call.
The Trade Desk operates a self-service, cloud-based platform for advertising buyers, focusing on optimizing campaigns across multiple formats and devices. The company has a global presence, with offices in North America, Europe, and the Asia Pacific region.
The Trade Desk reported a 24% year-over-year revenue growth for Q4 2022, reaching $491 million, while total 2022 revenue increased 32% to $1,578 million. The company also announced a $700 million stock repurchase program. Significant profitability was noted with a GAAP net income of $71 million in Q4. Customer retention remained strong at over 95%. The Trade Desk is focusing on expanding its partnerships to enhance the value of advertising through Unified ID 2.0. The forecast for Q1 2023 indicates a revenue of at least $363 million.
The Trade Desk, Inc. (NASDAQ: TTD) will release its financial results for the fourth quarter and fiscal year ended December 31, 2022, before the market opens on February 15, 2023. A conference call and webcast will follow at 5:00 A.M. PT (8:00 A.M. ET) to discuss these results. Investors can access the live webcast through the Investor Relations section of The Trade Desk's website. Participants can dial in using specific numbers based on their location. An audio replay will be available post-call until February 22, 2023.
The Trade Desk (TTD) has appointed Trish Frohman as the new Senior Vice President of Business Development for North America. Frohman, who previously held the position of VP of Client Development, will spearhead business development activities in the company’s largest region, focusing on new client acquisition and expansion. Her extensive experience includes roles at McKinsey & Company and NBCUniversal, contributing to the firm’s growth in data-driven advertising strategies.
The Trade Desk, Inc. (NASDAQ: TTD) reported robust Q3 2022 financial results with a 31% year-over-year revenue growth, totaling $395 million. Despite this growth, the company faced a net loss of $16 million, compared to a profit of $59 million in Q3 2021. Adjusted EBITDA reached $163 million, maintaining a margin of 41%. The company emphasized strong customer retention, over 95%, and partnerships supporting Unified ID 2.0, enhancing data privacy. For Q4 2022, revenue is projected to exceed $490 million with an adjusted EBITDA of approximately $229 million.
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