Trade Desk Q2 revenue $585M (+26% YoY); guides Q3 revenue ≥$618M

Trade Desk, Inc.

2024-Q2 EPS reported $0.23 revenue$1,075,803,000

GAAP EPS $0.17 vs. $0.07 YoY; Non-GAAP EPS $0.39 vs. $0.28 YoY.
Adjusted EBITDA $242M (41% margin) vs. $180M (39% margin) YoY.
Customer retention >95% for tenth consecutive year; CTV partnerships with Netflix, FOX, Scripps expanded.
UID2 adopted by Roku, SiriusXM/Pandora, LG Ad Solutions; EUID adopted by TF1, M6, Media Figaro in France.
Q3 2024 outlook: revenue at least $618M; Adjusted EBITDA ~$248M.

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