The Trade Desk, Inc. (NASDAQ: TTD) reported Q4 EPS of $0.56, $0.13 better than the analyst estimate of $0.43. Revenue for the quarter came in at $102.6 million versus the consensus estimate of $101.7 million.

Full Year 2018 and First Quarter Outlook:

Mr. Green added: “We exited 2017 with strong momentum with more customers and more spend on more channels than ever before and 2018 is off to a strong start. For 2018, we expect gross spend on our platform to be at least $2.1 billion and revenue to be at least $403 million. In the year ahead, we are launching an enhanced user experience on our platform based on data visualization and we are unveiling robust media planning tools that will leverage our data to model optimum campaigns. In addition, we are making incremental investments of $15-20 million in high opportunity areas such as mobile, Connected TV, global expansion, and creating a safer programmatic environment. As a result, we expect our adjusted EBITDA to be $117 million or about 29% of revenue. Our focus is on gaining share and revenue growth as this will ultimately maximize profitability over the long-term.“

The Trade Desk is providing its financial targets for the fiscal year 2018 and first quarter of 2018. The Company’s financial targets are as follows:

Full Year 2018

• Total gross spend of at least $2.1 billion
• Revenue of at least $403 million
• Adjusted EBITDA of $117 million or about 29% of revenue

First Quarter 2018:

• Revenue of $73 million
• Adjusted EBITDA of $7.5 million

GUIDANCE:

The Trade Desk, Inc. sees FY2018 revenue of $403 million, versus the consensus of $394.5 million.

For earnings history and earnings-related data on The Trade Desk, Inc. (TTD) click here.