The Trade Desk Stock Price, News & Analysis

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.

The Trade Desk, Inc. (NASDAQ: TTD) will release its third-quarter financial results on November 9, 2022, before market opening. A webcast for discussing these results will be held at 5:00 A.M. Pacific Time. Investors can access the call via the company's Investor Relations website or by dialing in. An audio replay will be available shortly after the call.

This event marks an important financial update for The Trade Desk as investors look for insights into performance metrics and future guidance.

The Trade Desk (NASDAQ:TTD) has announced a pioneering collaboration with Crisp, enabling brands to utilize real-time, SKU-level inventory data for more effective digital media buying. This integration allows marketers on The Trade Desk platform to access daily shelf availability information, facilitating optimized advertising strategies based on actual product presence in stores. The partnership aims to enhance advertising efficiency and reduce media waste linked to supply chain issues, ultimately driving sales and benefiting marketers.

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.