🔹 EPS: $0.59 (Est. $0.56) 🟢
🔹 Revenue: $741M (Est. $758.93M) 🔴; UP +22% YoY
🔹 Adjusted EBITDA: $350M (Est. $365.46M) 🔴; Margin 47% (Flat YoY)
Q1'25 Guidance:
🔹 Revenue: At least $575M (Est. $591.74M) 🔴
🔹 Adjusted EBITDA: Approximately $145M
Segment Highlights:
🔸 Customer Retention: Over 95% for the 11th consecutive year
🔸 Unified ID 2.0 (UID2): Partnerships with iHeartMedia and leading SSPs (FreeWheel, Index Exchange, etc.) enhance addressability and privacy
Strategic & Shareholder Updates:
🔸 Share Repurchase Authorization: Increased to $1B for Class A common stock
🔸 “Ventura” Streaming TV OS: Aims to address inefficiencies in streaming TV supply chains and user experience
🔸 Acquisition of Sincera: Enhances advertising data insights; expected to close in Q1 2025
🔹 Gross Spend on Platform: $12B; Record high
Management Commentary:
🔸 Jeff Green, CEO:
"In 2024, The Trade Desk delivered accelerated growth, achieving $2.4B in revenue and $12B in platform spend. While proud of our accomplishments, we fell short of expectations in Q4. In 2025 and beyond, we are uniquely positioned to lead the shift toward premium, scalable data-driven advertising."
