The Trade Desk Stock Price, News & Analysis

The Trade Desk has appointed Willard (Bill) Simmons, Ph.D., as Vice President of Product. With over 14 years in advertising technology, Simmons co-founded Dataxu and has held leadership roles in prominent companies such as Roku. His expertise in data science and machine learning is expected to drive innovations in The Trade Desk's media buying platform, particularly in the growing connected TV market. Simmons holds a Ph.D. from MIT and anticipates leveraging data-driven decisioning to enhance advertiser value.

The Trade Desk will host an investor day on October 4, 2022, from 1:00 P.M. to 4:30 P.M. Eastern Time at the NASDAQ MarketSite in New York City. Key leadership members will present during the event. Investors can access the event live or via archived replay on the company's website. In-person attendance is limited and by invitation only, requiring prior registration.

The Trade Desk is a technology platform for advertising buyers, allowing them to manage and optimize digital ad campaigns.

The Trade Desk (NASDAQ: TTD) reported a 35% revenue growth in Q2 2022, reaching $377 million, significantly exceeding the global programmatic advertising growth rate. Despite this revenue increase, the company faced a loss of $19 million compared to a net income of $48 million in Q2 2021. The adjusted EBITDA was $139 million, with a margin of 37%. Customer retention remained high at over 95%. The company also expanded its partnerships, particularly in support of the Unified ID 2.0 initiative, aiming to enhance user privacy and advertising efficiency.

The Trade Desk, a leader in advertising technology, will announce its second-quarter financial results for the period ending June 30, 2022, after market close on August 9, 2022. The company will also conduct a conference call and webcast at 2:00 PM Pacific Time to discuss the results. Investors can access the live webcast via their Investor Relations website, and a replay will be available afterward. This event is anticipated by investors as it could significantly impact the company’s stock performance.

The Trade Desk (TTD) has partnered with Albertsons Media Collective to enhance advertising capabilities by integrating verified-buyer audience and measurement solutions. This collaboration enables brands like PepsiCo and Unilever to optimize ad campaigns and measure their impact on sales across over 2,275 U.S. stores. The partnership focuses on leveraging first-party data and aligns with retail media trends, providing clients with improved transparency and targeting. Announced during a panel at Cannes, this initiative marks a significant step in redefining retail media strategies.

The Trade Desk, Inc. (NASDAQ: TTD) announced strong financial results for Q1 2022, posting a 43% year-over-year revenue increase to $315 million. Despite this growth, the company reported a net loss of $15 million, leading to a GAAP diluted loss per share of $0.03. Adjusted EBITDA rose to $121 million, reflecting a margin of 38%. Customer retention remained high at over 95%. Looking ahead, the company projects Q2 revenue of at least $364 million and adjusted EBITDA of approximately $121 million.

The Trade Desk (TTD) announces a significant expansion of its OpenPath initiative, welcoming new media partners including BuzzFeed, Los Angeles Times, Forbes, Mediavine, and Red Ventures. Launched in February 2022, OpenPath aims to streamline the digital advertising supply chain by providing advertisers direct access to premium inventory while enhancing transparency and efficiency. Over 100 premium publishers have shown interest in the initiative, which allows them to leverage their first-party data effectively without compromising their existing yield management tools.

The Trade Desk, Inc. (NASDAQ: TTD) plans to release its first-quarter financial results for the period ending March 31, 2022, on May 10, 2022, after market close. A conference call to discuss these results will take place at 2:00 PM PT. Investors can access the call via webcast on the company's Investor Relations page. For telephonic access, participants can dial specific numbers based on their location. An audio replay will be available shortly after the call and can be accessed until May 17, 2022.

AppLovin Corporation has partnered with The Trade Desk to integrate AppLovin Exchange (ALX) into The Trade Desk’s platform, marking a significant step as the first mobile in-app exchange enabling Unified ID 2.0. This collaboration aims to enhance targeting capabilities for advertisers across 140,000 mobile apps reaching over 1.8 billion devices globally. The integration will offer agencies and advertisers direct access to a wealth of mobile inventory, improving campaign efficiency and scalability.