Trade Desk Expects Q1 Revenue Of At Least $478M (Est $451.87M), Adjusted EBITDA Of ~$130M
Portfolio Pulse from Benzinga Newsdesk
Trade Desk has projected its Q1 revenue to be at least $478 million, surpassing the estimated $451.87 million, with an expected Adjusted EBITDA of around $130 million.
February 15, 2024 | 9:39 pm
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POSITIVE IMPACT
Trade Desk's Q1 revenue forecast significantly exceeds analyst expectations, indicating strong performance and potential growth.
Trade Desk's projection of Q1 revenue exceeding analyst estimates by a significant margin suggests robust business performance and potential for stock appreciation in the short term. The higher than expected Adjusted EBITDA further supports the company's operational efficiency and profitability, likely leading to positive investor sentiment.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100