Trade Desk Rises Sharply on Earnings Beat

The Trade Desk, Inc.NASDAQ

Description

⋅ Feb 25, 2019 11:54 AM

Guidance is also encouraging, even if it expects things to decelerate in the near term.

The Trade Desk sees total gross spending of at least $3.2 billion in 2019, up at least 36% since the outlay on its platform in 2018.

The Trade Desk sees revenue rising 36% to $637 million for all of 2019 and climbing 35% to $116 million during the seasonally sleepy first quarter.

It sees margins contracting to the point that adjusted EBITDA moves just 14% higher to $182 million this year.

finance.yahoo.com/news/trade-desk-delivers-another-monster-204500174.html?.tsrc=rss

thestreet.com/investing/earnings/trade-desk-spikes-25-on-earnings-beat-14875131?puc=yahoo&cm_ven=YAHOO&yptr=yahoo

finance.yahoo.com/news/5-reasons-trade-desk-skyrocketed-011000019.html?.tsrc=rss

1. Revenue up 56%

2. Earnings more than doubled
The reason for the impressive profitability? The Trade Desk's revenue continues to outpace the company's spending. Overall, operating expenses of $111.5 million grew just 52% year over year compared to sales that jumped 56%. As long as The Trade Desk continues to grow revenue faster than costs, profits will continue to soar.

3. Advertising on key channels soared

4. A $725 billion opportunity

5. The future looks bright