The Trade Desk Inc

TTD

Equity

ISIN US88339J1051 / Valor 33717137

NASDAQ (2024-11-21)

USD 127.35+2.78%

The Trade Desk Inc
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About company

The Trade Desk Inc is a prominent player in the digital advertising sector, providing a sophisticated demand-side platform (DSP) for brands and agencies. This platform leverages artificial intelligence (AI) to enhance decision-making in advertising campaigns, offering its users a competitive edge in targeting and optimization. The company facilitates access to a wide range of open marketplaces, enabling the procurement of premium inventory and cross-device audience data. Additionally, The Trade Desk emphasizes the importance of objective measurement solutions, ensuring that campaign performance can be accurately assessed and adjusted as needed. By integrating these services, The Trade Desk Inc supports advertisers in maximizing the efficiency and effectiveness of their digital advertising efforts.

Summarized from source with an LLMView SourceSector: Technology

Revenue Growth

The Trade Desk Inc. reported a revenue of $491 million for the first quarter of 2024, marking a 28% increase year-over-year. This growth underscores the company's strong market position and the increasing value advertisers place on premium inventory on the open internet.

Net Income

For the first quarter of 2024, The Trade Desk Inc. achieved a net income of $32 million, a significant rise from the $9 million reported in the same period of the previous year. This improvement highlights the company's effective cost management and operational efficiency.

Adjusted EBITDA

The Trade Desk Inc. reported an adjusted EBITDA of $162 million for Q1 2024, up from $109 million in Q1 2023. The adjusted EBITDA margin also improved to 33% from 28%, reflecting the company's robust financial health and profitability.

Customer Retention

The Trade Desk Inc. maintained a customer retention rate of over 95% during the first quarter of 2024, continuing a decade-long trend. This high retention rate indicates strong customer satisfaction and loyalty to the company's advertising platform.

Financial Guidance

Looking ahead to the second quarter of 2024, The Trade Desk Inc. expects to achieve at least $575 million in revenue and an adjusted EBITDA of approximately $223 million. This optimistic outlook reflects the company's confidence in its growth trajectory and market opportunities.

Summarized from source with an LLMView Source

Key figures

93.4%1Y

18.1%3Y

430%5Y

Performance

46.5%1Y

66.5%3Y

68.0%5Y

Volatility