The Trade Desk Q2 revenue $464M (+23% YoY); non-GAAP EPS $0.28 beats $0.20

Trade Desk, Inc.

2023-Q2 EPS reported $0.08 revenue$847,057,000

Revenue of $464M (+23% YoY); GAAP net income $33M vs prior-year loss of $19M.
Non-GAAP diluted EPS $0.28, up from $0.20; Adjusted EBITDA $180M (39% margin).
Q3 guidance: revenue at least $485M, adjusted EBITDA ~$185M.
Customer retention >95% for ninth consecutive year; repurchased $44M of stock in Q2.
UID2 integrations expanded with Warner Bros. Discovery, NBCUniversal, and Walmart Connect.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Trade Desk, Inc. reported the third quarter of 2023 results: revenue at least $485 million. Guidance initiated.

Period: the third quarter of 2023
Revenue: at least $485 million
Guidance: initiated
Result: guidance update

Exact text from the filing

Third Quarter 2023 outlook summary: Revenue at least $485 million Adjusted EBITDA of approximately $185 million

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Trade Desk, Inc. reported the quarter ended June 30, 2023 results: revenue $464 million, net income $33 million, EPS $0.07 per diluted share.

Period: the quarter ended June 30, 2023
Revenue: $464 million
Net income: $33 million
EPS: $0.07 per diluted share
Result: reported results

Exact text from the filing

today announced financial results for its second quarter ended June 30, 2023. “Q2 marked another quarter of outstanding execution and share gains for The Trade Desk, delivering $464 million of revenue and 23% growth. With advances in areas such as CTV, retail and identity, we are helping the world’s largest brands buy media on the open internet with more precision

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Trade Desk, Inc. filing history →

Source: SEC EDGAR

accession 0001157523-23-001303

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