The Trade Desk Q3 revenue $628M (+27% YoY); EPS beats; guides Q4 revenue at least $756M

Trade Desk, Inc.

2024-Q3 EPS reported $0.42 revenue$1,703,819,000

Q3 revenue $628M (+27% YoY); GAAP diluted EPS $0.19, non-GAAP diluted EPS $0.41.
Adjusted EBITDA $257M (41% margin), up from $200M (40%) YoY; net income $94M.
Customer retention >95% for 10th consecutive year; repurchased $54M of stock in Q3; $521M remaining for buybacks.
Q4 guidance: revenue at least $756M, Adjusted EBITDA approx $363M.
New partnerships on Unified ID 2.0/EUID with Spotify, Roku, Reach, and Motorsport Network.

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