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-0.00188166422747237 -0.00104536901526248 -0.00397240225799717 0.00104536901526233 0 -0.0127535019862013 -0.0121262805770438 0.00292703324273455
Stock impact report

The Trade Desk beats Q4 estimates but expects softer Q1 [Yahoo! Finance]

The Trade Desk, Inc. - Class A (TTD) 
Last the trade desk, inc. - class a earnings: 2/27 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.thetradedesk.com
Company Research Source: Yahoo! Finance
Trade Desk Inc (NASDAQ:TTD) reported stronger-than-expected fourth-quarter results but cautioned that first-quarter revenue and profitability could fall short of Wall Street forecasts, sending shares down 5.7% in early Thursday trading. Q4 revenue rose 14% to $847 million, slightly above analysts' consensus of $841 million. Adjusted earnings per share came in at $0.59, beating the estimate of $0.58. Adjusted EBITDA reached $400 million, or 47% of revenue, in line with expectations. The company highlighted strong momentum in video, including connected TV, which now accounts for roughly half its business, as well as growth in international markets. Despite the strong quarter, management projected cautious first-quarter results, forecasting revenue of at least $678 million and adjusted EBITDA of about $195 million, below consensus estimates of $699 million and $224 million. The company cited ongoing weakness in consumer packaged goods and auto sectors, which together make up more Show less Read more
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