The Trade Desk Inc. (TTD) Reports In-Line Q4 EPS, provides guidance

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Go back to The Trade Desk Inc. (TTD) Reports In-Line Q4 EPS, provides guidance

The Trade Desk (TTD) shares soar 19% after impressive FQ4 report; Jefferies raises PT

February 15, 2024 4:14 PM EST

The Trade Desk (NASDAQ: TTD) shot up 19% in premarket trading Friday following the companys notably stronger-than-expected FQ4 revenue and upbeat guidance.

For the FQ4 2023, the company reported earnings per share (EPS) at $0.41, matching the analysts' predictions. Revenue came in at $606 million, up 23% year-over-year, and surpassing the consensus estimate of $581.96 million.

Adjusted EBITDA margin for the quarter stood at 47%, down from 50% in the year-ago period.

Looking ahead, the marketing... More