The Trade Desk: Fourth Quarter Earnings Overview
The Trade Desk Announces Fourth-Quarter Financial Results
The Trade Desk Inc., headquartered in Ventura, California, revealed a net profit of $187 million for the fourth quarter.
Earnings per share reached 39 cents, while adjusted earnings, which exclude stock-based compensation, amounted to 59 cents per share.
These adjusted earnings matched the consensus forecast from nine analysts polled by Zacks Investment Research, who also anticipated 59 cents per share.
The company, a leader in digital advertising technology, reported quarterly revenue of $846.8 million, surpassing the $841.9 million average estimate from eight Zacks analysts.
For the entire year, The Trade Desk recorded a net income of $443.3 million, or 90 cents per share, with total revenue reaching $2.9 billion.
Looking ahead, the company projects revenue for the upcoming March quarter to be approximately $678 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
What Savvy Investors Are Up To: Insider Actions and the Updated HFIA Regulations
Geopolitical Shock Drives Sharp Selloff in Crypto Markets
Dogwifhat (WIF) to Bounce Back? This Potential Bullish Fractal Setup Suggests So!

The SaaS-Pocalypse: How Artificial Intelligence Is Disrupting Software Company Shares
