secwatch.observer — SEC 8-K summary
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Issuer:     Trade Desk, Inc. (TTD)
CIK:        0001671933
Form:       8-K
Filed at:   2024-02-15T23:59:59+00:00
Accession:  0001157523-24-000260
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

The Trade Desk reports Q4 revenue $606M (+23% YoY); announces additional $647M share repurchase authorization
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1671933/000115752324000260/0001157523-24-000260-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1671933/000115752324000260/a53896722.htm
  HTML page:      https://secwatch.observer/filing/0001157523-24-000260

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