The Trade Desk resistance levels | Targets to watch $ttd

237

Earnings highlights
The Trade Desk (NASDAQ:TTD) is rebounding somewhat from today's drop, up 4.8% in immediate postmarket action, after it solidly beat expectations with its Q4 earnings.
Quarterly total platform spend topped 11B for the first time, capping a record spend for 2019 of 3.1B.
Revenues grew 34.5% for the quarter, to 215.9M (and helped drive full-year 39% growth to 661M).
Net income jumped to 50.9M from 39.4M on a GAAP basis. Non-GAAP net income rose to 71.6M from 51.1M.
EBITDA rose to 83.5M from 67.1M.
Omnichannel solutions were a strategic focus, the company says. In channel spend highlights (full 2019 compared to 2018): Connected TV grew about 137%; Audio grew more than 185%; Mobile video grew more than 50%; Mobile in-app grew more than 67%.
For Q1, it's targeting revenue of 169M (above consensus for 160M) and EBITDA of 35M. For the full year, it's targeting total gross spend of at least 4.24B; revenue of 863M (above an expected 860.8M); and EBITDA of 259M.

Company profile
The Trade Desk, Inc. is a technology company, which engages in the provision of technology platform for advertising buyers. Its products include audio advertising, mobile advertising, native advertising, data management platform, cross-device targeting, and inventory and marketplaces. The company was founded by Jeffrey Terry Green and David Pickles in November 2009 and is headquartered in Ventura, CA.

Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.