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The Trade Desk reports developments tied to its global advertising technology platform for buyers of advertising. The company operates a self-service, cloud-based demand-side platform that enables ad buyers to create, manage, and optimize digital campaigns across ad formats and devices, including connected TV, mobile, audio, display, and other open internet environments.
Recurring news includes quarterly and annual financial results, customer retention commentary, share repurchase activity, and platform initiatives such as Kokai, Ventura, OpenAds, and PubDesk. Company updates also cover publisher and content partnerships, retail data integrations, supply-chain transparency, connected-TV monetization tools, board appointments, and finance leadership changes.
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.
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.
The Trade Desk (NASDAQ: TTD) has announced the date for its third quarter 2024 financial results release and conference call. The company will disclose its financial results for the quarter ending September 30, 2024, after market close on Thursday, November 7, 2024. A webcast and conference call to discuss the results will be held at 2:00 P.M. Pacific Time (5:00 P.M. Eastern Time) on the same day.
Investors can access the live webcast from the Investor Relations section of The Trade Desk's website. For those joining via telephone, the dial-in number for North America is 888-506-0062, and for international callers, it's 1-973-528-0011. Participants should use the conference call ID code "349188". An audio replay will be available until November 14, 2024, accessible by dialing 877-481-4010 (US) or 1-919-882-2331 (international) with the replay code 51455.
Admiral, The Visitor Relationship Management (VRM) Company, has secured $19M in new funding, led by Harbert Growth Partners. This brings Admiral's total capital raised to $28M. The company plans to use this infusion to expand its Revenue, Product, and Customer Love teams, grow internationally, and enhance its AI-powered marketing automation for media publishers.
Admiral's VRM platform serves thousands of premium publishers worldwide, including CNBC, Hearst, New York Post, and Paramount. The company's AI-powered modules cover various aspects of publisher-visitor relationships, from revenue analytics to consent management. Admiral also announced a partnership with The Trade Desk's OpenPass and added new members to its Board of Directors.
The Trade Desk (NASDAQ: TTD) reported strong Q2 2024 financial results, with revenue of $585 million, representing a 26% year-over-year growth. The company achieved GAAP net income of $85 million and non-GAAP net income of $197 million. Key highlights include:
- Customer retention remained over 95% for the tenth consecutive year
- Significant progress in CTV, retail media, and identity solutions
- Expanded partnerships with major platforms like Netflix and FOX
- Continued adoption of Unified ID 2.0 (UID2) by industry leaders
- Q3 2024 revenue guidance of at least $618 million
The company's focus on AI-driven innovations, UID2 adoption, and retail data integration positions it for continued growth in high-growth markets like CTV.
The Trade Desk (NASDAQ: TTD), a global advertising technology platform provider, has announced its schedule for releasing Q2 2024 financial results. The company will disclose its financial performance for the quarter ending June 30, 2024, after market close on Thursday, August 8, 2024. Following this, The Trade Desk will host a webcast and conference call at 2:00 P.M. Pacific Time (5:00 P.M. Eastern Time) to discuss the results.
Investors and interested parties can access the live webcast through the Investor Relations section of The Trade Desk's website. For those preferring to join via phone, dial-in numbers are provided for both North American and international callers. An audio replay of the call will be available until August 15, 2024, accessible through specific dial-in numbers for U.S. and non-U.S. participants.
Fox (NASDAQ: FOX) and The Trade Desk (NASDAQ: TTD) have announced an expanded partnership focused on advertising innovations across Fox's portfolio. This collaboration integrates Unified ID 2.0 and OpenPath technologies through the AdRise platform, enhancing addressable inventory precision and direct access to premium inventory. Tubi, part of Fox since 2020, will use these technologies across all Fox brands, including Fox Sports and Fox News Media. This partnership aims to create value for advertisers and advance industry transparency and identity standards. Fox CEO Paul Cheesbrough highlights the importance of this integration for engaging authenticated audiences at scale.
The Trade Desk (Nasdaq: TTD) has released The Sellers and Publishers Report, a biannual review of advertising trends on the open internet. The report highlights that the top 500 digital publishers represent around 50% of the open internet's ad revenue, valued for their ad quality and reach. Consumers now spend 61% of their online time on the open internet, a significant shift from 2014. This change is driven by increased streaming TV and digital audio consumption, now nearly 5 hours daily for the average American. The report also indicates a decline in ad spending on platforms like Google and Facebook, which accounted for less than half of digital ad spending in 2022. The report features the top 100 advertising publishers, assessed on various criteria, in collaboration with Sincera.