Trade Desk Q4 2022 Earnings Report
Key Takeaways
The Trade Desk reported a strong Q4 2022, with revenue reaching $491 million, a 24% increase year-over-year. The company's performance was driven by growth in fast-growing channels like CTV and retail media, as well as the adoption of new identity tools. The board of directors authorized a $700 million share repurchase program.
Q4 revenue increased by 24% year-over-year, reaching $491 million.
Customer retention rate remained above 95% for the past nine years.
The company's board authorized a $700 million share repurchase program.
The Trade Desk is building support for Unified ID 2.0 (UID2), an industry-wide approach to identity.
Trade Desk
Trade Desk
Forward Guidance
For the first quarter of 2023, The Trade Desk anticipates revenue of at least $363 million and adjusted EBITDA of approximately $78 million.
Positive Outlook
- Revenue at least $363 million
- Adjusted EBITDA of approximately $78 million