secwatch.observer — SEC 8-K summary
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Issuer:     Trade Desk, Inc. (TTD)
CIK:        0001671933
Form:       8-K
Filed at:   2023-11-09T23:59:59+00:00
Accession:  0001157523-23-001709
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Trade Desk Q3 revenue $493M (+25% YoY), net income $39M; Q4 revenue guided at least $580M
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- Revenue of $493M for Q3 2023, up 25% year-over-year from $395M.
- GAAP net income of $39M ($0.08 diluted EPS) vs $16M ($0.03 EPS) in prior year.
- Non-GAAP diluted EPS of $0.33, up from $0.26 in Q3 2022.
- Q4 2023 guidance: revenue at least $580M and adjusted EBITDA approximately $270M.
- Repurchased $90M of Class A common stock in Q3; customer retention over 95% for nine consecutive years.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1671933/000115752323001709/0001157523-23-001709-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1671933/000115752323001709/a53793438.htm
  HTML page:      https://secwatch.observer/filing/0001157523-23-001709

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer