CHONGQING, CHINA - FEBRUARY 9: In this photo illustration, the Trade Desk logo is displayed on a ... [+] smartphone screen in front of a stock chart showcasing The Trade Desk's financial performance, advertising technology trends, programmatic advertising growth, and global digital marketing developments on February 9, 2025, in Chongqing, China. (Photo illustration by Cheng Xin/Getty Images)Getty ImagesTrade Desk (NASDAQ: TTD)—a digital ad technology company that assists businesses in purchasing digital ads ...

Financial Data and Key Metrics Changes - Total spend on the platform exceeded $12 billion, with revenue surpassing $2.4 billion, reflecting a nearly 26% year-over-year growth [7][76] - Adjusted EBITDA for the year was over $1 billion, with free cash flow exceeding $630 million [7][76] - Q4 revenue was $741 million, representing a 22% year-over-year increase, but fell short of expectations for the first time in 33 quarters [74][75] Business Line Data and Key Metrics Changes - Video, including CTV, accounted for a high-40s percentage share of the business, while mobile represented a mid-30s percentage share [77] - Display made up a low-double digit percent share, and audio represented around 5% of total spend [77] - Growth was broad-based across verticals, particularly in Automotive, Shopping, and Technology & Computing [79] Market Data and Key Metrics Changes - North America represented about 88% of spend, while international markets accounted for approximately 12% [78] - International growth outpaced North America for the eighth consecutive quarter, with strong CTV growth in international regions [78] Company Strategy and Development Direction - The company is recalibrating for future growth, emphasizing internal effectiveness and scalability, and restructuring client-facing teams [14][16][100] - A focus on Joint Business Plans (JBPs) is being prioritized, as they grow 50% faster than the rest of the business [19][62] - Investments in AI and improvements in the supply chain are key initiatives to enhance product offerings and operational efficiency [25][44] Management's Comments on Operating Environment and Future Outlook - Management acknowledged a series of small execution missteps led to missing expectations, but emphasized the long-term growth opportunity remains intact [12][75] - The company is optimistic about 2025, citing strong growth drivers such as the shift to CTV, enhanced measurement through retail data, and international expansion [89][90] - Management believes that the opportunity in the open internet is larger than previously anticipated, and they are committed to capturing market share [29][126] Other Important Information - The company announced the acquisition of Sincera, aimed at improving the supply chain for the open internet [23][43] - A significant reorganization was implemented to clarify roles and responsibilities within the company [14][15] Q&A Session Summary Question: What went wrong in Q4 where expectations were missed? - Management acknowledged missing their own expectations due to a series of small execution missteps while preparing for future growth [92][94] Question: How did external factors like the political environment and GDP impact results? - Management noted that while the environment was not ideal, they had navigated similar challenges before and still outperformed [108][111] Question: What is the potential for sustaining a 20% plus compound growth rate? - Management expressed confidence in reaccelerating growth by focusing on improving the supply chain, growing CTV and audio, and enhancing product offerings [120][126]

INVESTOR RELATIONS PRESENTATION Fourth Quarter 2024 Statement of caution under the Private Securities Litigation Reform Act of 1995 This document contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements relate to expectations concerning matters that (a) are not historical facts, (b) predict or forecast future events or results, or (c) embody assumptions that may prove to have been inaccurate, including statements relating to the adver ...

The Trade Desk (TTD) came out with quarterly earnings of $0.59 per share, beating the Zacks Consensus Estimate of $0.58 per share. This compares to earnings of $0.41 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 1.72%. A quarter ago, it was expected that this digital-advertising platform operator would post earnings of $0.40 per share when it actually produced earnings of $0.41, delivering a surprise of 2.50%.Over the last f ...

The Trade Desk exceeded earnings expectations, but revenue fell short of estimates due to challenges in the advertising sector.The Trade Desk (TTD 1.68%), a leader in data-driven digital advertising through its cutting-edge platform, recently published its fourth quarter results as of February 12, 2025. The company announced revenue of $741 million, reflecting a 22.3% increase compared to the same quarter last year, but falling short of the analyst consensus of $758 million and management expectations of at ...

Financial Performance - The Trade Desk reported fourth quarter revenue of $741 million, a 22% increase year over year, and full year revenue of $2.4 billion, reflecting a 26% growth compared to 2023[4]. - Net income for the fourth quarter was $182 million, with a net income margin of 25%, while full year net income reached $393 million, representing a margin of 16%[4]. - The company achieved an adjusted EBITDA of $350 million in the fourth quarter, maintaining a margin of 47%, and a full year adjusted EBITDA of $1.01 billion, with a margin of 41%[4]. - Net income for the year ended December 31, 2024, was $393,076 million, a significant increase of 119.9% from $178,940 million in 2023[25]. - Adjusted EBITDA for the year ended December 31, 2024, was $1,010,649 million, representing a 31% increase from $771,526 million in 2023[27]. - Cash and cash equivalents at the end of the year on December 31, 2024, were $1,369,463 million, up from $895,129 million in 2023, marking a 53% increase[24]. - Total assets as of December 31, 2024, amounted to $6,111,951 million, a 24.9% increase from $4,888,687 million in 2023[23]. - Non-GAAP net income for the year ended December 31, 2024, was $832,303 million, compared to $628,099 million in 2023, reflecting a 32.5% growth[27]. - The company reported a GAAP diluted earnings per share of $0.78 for the year ended December 31, 2024, compared to $0.36 in 2023[27]. Customer Metrics - Customer retention remained over 95% for the year, consistent with the past eleven years[5]. Acquisitions and Investments - The Trade Desk announced an agreement to acquire Sincera, a digital advertising data company, expected to close in Q1 2025[8]. - The company has authorized an additional $564 million for share repurchases, bringing the total to $1 billion[12]. - The company repurchased $234,784 million of Class A common stock during the year, down from $646,597 million in 2023[24]. Operational Highlights - The Trade Desk's platform facilitated $12 billion in gross spend for 2024, indicating strong market demand[5]. - Platform operations revenue for the year ended December 31, 2024, reached $29,310 million, a 39.2% increase from $21,048 million in 2023[20]. - Total sales and marketing expenses for the year ended December 31, 2024, were $99,135 million, up 30.5% from $75,924 million in 2023[20]. - Technology and development expenses increased to $138,393 million for the year ended December 31, 2024, compared to $120,823 million in 2023, reflecting a 14.5% rise[20]. Future Outlook - Financial guidance for Q1 2025 includes expected revenue of at least $575 million and adjusted EBITDA of approximately $145 million[8]. - The company plans to launch the Ventura Operating System to enhance streaming TV experiences and advertising efficiency[8].

The Trade Desk, Inc. TTD will release its fourth-quarter financial results after the closing bell on Wednesday, Feb. 12.Analysts expect the Ventura, California-based company to report quarterly earnings at 57 cents per share, up from 41 cents per share in the year-ago period. Trade Desk projects quarterly revenue of $759.56 million, compared to $605.8 million a year earlier, according to data from Benzinga Pro.On Jan. 15, Trade Desk announced an agreement to acquire Sincera.Trade Desk shares fell 1.9% to cl ...

The Trade Desk (TTD) is set to release its fourth-quarter 2024 results on Feb. 12.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.For the fourth quarter of 2024, the company expects revenues of $756 million. The Zacks Consensus Estimate for fourth-quarter revenues is pegged at $758.05 million indicating a year-over-year increase of 25.13%.The consensus mark for earnings is pegged at 58 cents per share, unchanged in the past 30 days. The figure calls for a year-over-year increase of 41 ...

Company Overview - Rowan Street Capital is a long-term investment partnership founded in 2015 [1] - The company focuses on compounding value by owning exceptional businesses built by extraordinary people [1] - Inspired by Warren Buffett's principles, the company emphasizes sustainable wealth growth through disciplined and patient ownership [1] - The goal is to align with like-minded investors who believe in the power of compounding and long-term thinking [1]

Core Viewpoint - The Trade Desk (TTD) has experienced significant stock appreciation of 77.1% over the past year, outperforming both the Zacks Computer and Technology sector and the Zacks Internet – Services industry [1] Group 1: Company Performance and Innovations - TTD's acquisition of Sincera is expected to enhance its platform by providing clearer insights for advertisers and optimizing campaign investments [1][2] - The launch of Ventura, a new streaming TV operating system, aims to improve user experience and advertising efficiency, featuring cross-platform content discovery and personalized recommendations [6] - TTD's innovative solutions and expanding global footprint contribute to its growth, alongside advancements in omnichannel ad inventory and the adoption of programmatic advertising [5] Group 2: Financial Estimates - The Zacks Consensus Estimate for TTD's 2025 earnings is $2 per share, indicating a year-over-year growth of 21.5%, while revenues are estimated at $2.98 billion, reflecting a growth of 21.1% [14] Group 3: Partnerships and Client Base - TTD has established extensive partnerships with major industry players such as Disney, NBCU, Walmart, and Netflix, which are key growth catalysts [9] - The company is collaborating with Spotify to enhance ad addressability and insights through its Ad Exchange [10] - TTD's international partnerships include Foodpanda in Asia, optimizing digital advertising across multiple markets [11] Group 4: Market Challenges - TTD faces challenges from macroeconomic uncertainties and intense competition from giants like Google and Amazon, impacting its market positioning [16] - Regulatory scrutiny around data privacy and evolving consumer practices pose risks to TTD's audience-targeting methods [18] - The company's reliance on third-party partnerships exposes it to vulnerabilities from potential changes in partner policies or technologies [18]