secwatch.observer — SEC 8-K summary
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Issuer:     Trade Desk, Inc. (TTD)
CIK:        0001671933
Form:       8-K
Filed at:   2024-05-08T23:59:59+00:00
Accession:  0001671933-24-000051
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Trade Desk Q1 revenue $491M (+28% YoY); guides Q2 rev at least $575M
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- Revenue $491M (+28% YoY); GAAP net income $32M ($0.06 diluted EPS); non-GAAP EPS $0.26.
- Adjusted EBITDA $162M (33% margin) vs $114M (28%) in prior year.
- Q2 2024 guidance: revenue at least $575M, adjusted EBITDA ~$223M.
- Repurchased $125M of Class A common stock in Q1; $575M remaining under authorization.
- Customer retention >95% for tenth consecutive year; CTV partnerships expanded with Disney, NBCU, Roku.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1671933/000167193324000051/0001671933-24-000051-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1671933/000167193324000051/ttd-20240508.htm
  HTML page:      https://secwatch.observer/filing/0001671933-24-000051

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