"The Trade Desk Inc. Surges on Strong Revenue and Earnings Forecast"

TL;DR Summary
Trade Desk's fourth-quarter earnings met estimates while revenue surpassed expectations, driven by growth in internet TV. The company's guidance for TTD stock exceeded expectations, leading to a surge in its stock price. Trade Desk reported a 23% increase in revenue to $605.8 million, with a strong outlook for the current quarter, expecting revenue of $478 million and EBITDA of $130 million. The company's performance was attributed to opportunities in connected TV, retail media, identity, and international markets, mitigating concerns related to Google cookie deprecation and Amazon video-on-demand.
- Trade Desk Jumps As Internet TV Drives Strong Revenue Outlook Investor's Business Daily
- Trade Desk shares soar on revenue beat and strong guidance CNBC
- Decoding The Trade Desk Inc (TTD): A Strategic SWOT Insight Yahoo Finance
- Trade Desk’s stock roars as earnings forecast crushes expectations MarketWatch
- At US$73.91, Is It Time To Put The Trade Desk, Inc. (NASDAQ:TTD) On Your Watch List? Simply Wall St
Reading Insights
Total Reads
0
Unique Readers
1
Time Saved
1 min
vs 2 min read
Condensed
74%
341 → 87 words
Want the full story? Read the original article
Read on Investor's Business Daily