Trade Desk Inc - Ordinary Shares - Class A

NASDAQ:TTD   3:59:58 PM EDT
191.80
+1.75 (+0.92%)
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Trade Desk (TTD) Reports Fourth Quarter & Fiscal Year 2019 Financial Results

Earnings

* Revenue: $215.94 million versus analyst expectations of $213.42 million. This number is up from $160.5 million in the same period last year.
This is a beat.

* Adj EPS: $1.49 versus analyst expectations of $1.17.
This is a beat.

* Next Quarter Revenue Guidance: $169 million versus analyst expectations of $161.52 million.
This is a beat.

* Full Year Revenue Guidance: At least $863 million versus analyst expectations of $859.98 million.
This is a beat.

 

More Details

  • Continued Share Gain: 2019 gross spend on the platform was over $3.1 billion, a 33% increase from a year ago.
  • Continued Omni-channel Growth: Omni-channel solutions remain a strategic focus for The Trade Desk as the industry continues shifting toward transparency and programmatic buying. Specific channel spend highlights include:
    • Video grew 54% from Q4 2018 to Q4 2019.
    • Connected TV grew about 100% from Q4 2018 to Q4 2019.
    • Connected TV grew 137% from 2018 to 2019.
    • Audio grew over 185% from 2018 to 2019.
    • Mobile video grew over 50% from 2018 to 2019.
    • Mobile in-app grew over 67% from 2018 to 2019.
  • Strong Customer Retention: Customer retention remained over 95% during the quarter, as it has for the previous 24 quarters.

 

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