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The Trade Desk reported strong revenue growth in Q4 2024, with a 22% YoY increase to $741M. Net income nearly doubled, reflecting improved profitability. However, the company acknowledged falling short of internal expectations, leading to a strategic reorganization.
The Trade Desk expects Q1 2025 revenue of at least $575M, with adjusted EBITDA of approximately $145M. The company is focusing on premium advertising channels, particularly CTV, retail media, and identity solutions.
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