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Mar 31, 2020
Trade Desk Q1 2020 Earnings Report
The Trade Desk reported a strong March quarter despite the Covid-19 pandemic, delivering 33% year-over-year revenue growth and strong EBITDA margins.
Key Takeaways
The Trade Desk reported a revenue of $160.7 million, a net income of $24.1 million, and a diluted EPS of $0.50 for the first quarter ended March 31, 2020. Despite the Covid-19 pandemic, the company delivered 33% year-over-year revenue growth and strong EBITDA margins.
Revenue increased by 33% year-over-year.
Customer retention remained over 95%.
Connected TV spend grew 100% year-over-year.
Mobile video spend grew 74% year-over-year.
Forward Guidance
As a result of the impact of the Covid-19 pandemic on economic activity and advertiser demand, The Trade Desk is not providing financial guidance for revenue or Adjusted EBITDA for the second quarter of 2020. In addition, the Company is withdrawing its outlook for gross spend, revenue and Adjusted EBITDA for the full year 2020.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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