Trade Desk Q1 revenue $315M (+43% YoY); guides Q2 rev at least $364M

Trade Desk, Inc.

2022-Q1 EPS reported -$0.03 revenue$315,323,000

GAAP net loss of $15M ($0.03 diluted loss per share); non-GAAP net income $105M ($0.21 diluted EPS).
Adjusted EBITDA $121M (38% margin), vs. $71M (32%) a year ago.
Q2 2022 guidance: revenue at least $364M; Adjusted EBITDA approximately $121M.
Customer retention exceeded 95% for eighth consecutive year; CTV led channel growth.
Launched OpenPath for direct publisher integration and expanded Unified ID 2.0 partnerships.

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