earnings
confidence high
sentiment positive
materiality 0.80
The Trade Desk reports Q4 revenue $606M (+23% YoY); announces additional $647M share repurchase authorization
Trade Desk, Inc.
2023-FY EPS reported
$0.36
revenue$1,946,120,000
- Q4 revenue $606M (+23% YoY); GAAP net income $97M ($0.19 diluted EPS); non-GAAP EPS $0.41.
- FY23 revenue $1.95B (+23% YoY); GAAP net income $179M ($0.36); non-GAAP net income $628M ($1.26).
- Adjusted EBITDA Q4 $284M (47% margin) vs $245M (50%) prior year; FY $772M (40%).
- Board authorized additional $647M buyback (total $700M); Q4 repurchases $220M; Q1 2024 guidance: rev ≥$478M, EBITDA ~$130M.