The Trade Desk is rebounding somewhat from week’s drop, up +11%, after it solidly beat expectations with its Q4 earnings. Quarterly total platform spend topped $1B for the first time, capping a record spend for 2019 of $3.1B.
Revenues grew 34.5% for the quarter, to $215.9M (and helped drive full-year 39% growth to $661M).
Net income jumped to $50.9M from $39.4M on a GAAP basis. Non-GAAP net income rose to $71.6M from $51.1M.
EBITDA rose to $83.5M from $67.1M.
Omnichannel solutions were a strategic focus, the company says. In channel spend highlights (full 2019 compared to 2018): Connected TV grew about 137%; Audio grew more than 185%; Mobile video grew more than 50%; Mobile in-app grew more than 67%.
For Q1, it’s targeting revenue of $169M (above consensus for $160M) and EBITDA of $35M. For the full year, it’s targeting total gross spend of at least $4.24B; revenue of $863M (above an expected $860.8M); and EBITDA of $259M.
I’m bullish $TTD
Acompanha a carteira em tempo real
Todas as posições e pesos do modelo estão visíveis no meu perfil público na eToro.
Ver o perfil @Santiago1000 →Link de afiliado: se abrires conta através dele, posso receber uma comissão da eToro, sem custo para ti. Não é recomendação de investimento. O teu capital está em risco.Follow the portfolio in real time
Every position and weight in the model is visible on my public eToro profile.
View the @Santiago1000 profile →Affiliate link: if you open an account through it, I may receive a commission from eToro at no cost to you. Not investment advice. Your capital is at risk.Segui il portafoglio in tempo reale
Tutte le posizioni e i pesi del modello sono visibili sul mio profilo pubblico eToro.
Vedi il profilo @Santiago1000 →Link di affiliazione: se apri un conto tramite questo link, potrei ricevere una commissione da eToro, senza costi per te. Non è una raccomandazione di investimento. Il tuo capitale è a rischio.