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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) has launched TD7, an internal venture capital arm aimed at investing in technology companies focused on the open internet. The first investment is in Chalice, which specializes in algorithmic ad buying. Co-Founder and CEO Jeff Green emphasized the importance of an open internet for advertisers, publishers, and consumers. This announcement coincides with the launch of Solimar, a new trading platform enhancing ad-buying capabilities. Chalice's CEO praised The Trade Desk's platform for fostering innovation in ad tech.
The Trade Desk (NASDAQ: TTD) has appointed Joshua Smith as Senior Vice President, Chief Privacy and Product Counsel, effective immediately. Smith brings over 20 years of legal expertise from notable positions at Facebook and Yahoo!, focusing on privacy and product development. He joins The Trade Desk at a time of rapid change in the digital advertising landscape, with plans to scale the company globally while maintaining a privacy-forward approach. Smith, a cum laude graduate of Indiana University School of Law, will work from the company's San Jose office.
The Trade Desk, Inc. (NASDAQ: TTD) reported robust first-quarter results for the period ending March 31, 2021, achieving revenue of $219.8 million, a 37% increase from the previous year. Despite a slight decline in net income to $22.6 million, diluted EPS stood at $0.45. Adjusted EBITDA rose to $70.5 million, reflecting a margin of 32%. Noteworthy highlights include a customer retention rate above 95%, a partnership with Walmart, and ongoing support for Unified ID 2.0. However, the company anticipates potential impacts from COVID-19 and economic conditions, projecting Q2 revenues between $259 million and $262 million.
The Trade Desk (NASDAQ: TTD) announced a ten-for-one stock split, distributing nine additional shares for every share held by stockholders of record on June 9, 2021. The split will take effect after trading on June 16, 2021, with adjusted trading starting June 17, 2021. CEO Jeff Green highlighted that the company has experienced a 2,100% share price increase since its IPO in 2016 and aims to make shares more accessible to employees and investors. This marks the company's first stock split since going public.
The Trade Desk, Inc. (NASDAQ: TTD) will announce its financial results for the first quarter of fiscal year 2021, ending March 31, 2021, before the market opens on May 10, 2021. A conference call and webcast will take place at 8:30 A.M. Pacific Time to discuss these results. Investors can access the live call and subsequent replay through the company's website. The Trade Desk operates a technology platform for digital advertising, aiding buyers in managing data-driven campaigns across multiple formats and devices.
The Trade Desk (NASDAQ:TTD) announces the resignation of Chief Marketing Officer Susan Vobejda, who held the position since 2017. Under her leadership, the marketing function expanded globally, promoting initiatives like CTV and Unified ID 2.0, along with the award-winning Media for Humankind campaign. Ian Colley, Vice President of Communications, will serve as interim CMO while the search for a replacement begins. CEO Jeff Green praised Vobejda for her contributions and the global marketing team she built, which positions the company well for future growth.
The Trade Desk (TTD) reported strong financial results for Q4 and FY 2020, achieving a record ad spend of $4.2 billion, a 34% increase year-over-year. Revenue rose to $319.9 million for Q4 and $836 million for the year, reflecting increases of 48% and 26%, respectively. Net income also surged, hitting $151.9 million for Q4 and $242.3 million for the year. Customer retention remained above 95%. The outlook for Q1 2021 projects revenue between $214 million and $217 million, amidst ongoing COVID-19 uncertainties.
The Trade Desk (NASDAQ: TTD) is set to release its fourth-quarter fiscal year 2020 financial results on February 18, 2021, after market close. A conference call and webcast will follow at 2:00 P.M. Pacific Time, where the company will discuss its performance. Interested parties can access the webcast on the company's investor relations website. The Trade Desk continues to provide a self-service platform for ad buyers, supporting various advertising formats across multiple devices.
The Trade Desk (TTD) has announced the appointment of Co-Founder and CTO, Dave Pickles, to its board of directors. This move follows the resignation of Brian Stempeck as Chief Strategy Officer from the board, although he remains an advisor. In addition, Lise Buyer has been appointed as the lead independent director, and David Wells continues as a Class A director. Pickles brings extensive experience in ad tech and has played a significant role in industry initiatives, particularly the Unified ID 2.0 solution aimed at replacing third-party cookies, which is crucial for digital advertising's future.
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