The Trade Desk Inc

TTD

Equity

ISIN US88339J1051 / Valor 33717137

NASDAQ (2025-03-10)

USD 60.31-7.09%

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 significant revenue increase for the third quarter of 2024, reaching $628 million. This marks a 27% growth compared to the same period in 2023, highlighting the company's strong performance and the increasing value advertisers place on precision and transparency in their campaigns.

Net Income and Earnings

For the third quarter of 2024, The Trade Desk Inc. achieved a net income of $94 million, up from $39 million in the third quarter of 2023. The net income margin improved to 15%, and the GAAP diluted earnings per share rose to $0.19 from $0.08 in the previous year.

Adjusted EBITDA

The Trade Desk Inc. reported an adjusted EBITDA of $257 million for the third quarter of 2024, compared to $200 million in the same quarter of 2023. The adjusted EBITDA margin slightly increased to 41%, reflecting the company's efficient operational performance.

Customer Retention

The Trade Desk Inc. maintained a customer retention rate of over 95% during the third quarter of 2024, continuing a decade-long trend. This high retention rate underscores the company's strong customer relationships and the value of its advertising platform.

Financial Outlook

Looking ahead to the fourth quarter of 2024, The Trade Desk Inc. anticipates revenue of at least $756 million and an adjusted EBITDA of approximately $363 million. This outlook reflects the company's confidence in capturing a larger share of the advertising market.

Summarized from source with an LLMView Source

Key figures

-26.1%1Y

-4.32%3Y

156%5Y

Performance

41.7%1Y

61.4%3Y

67.5%5Y

Volatility