The Trade Desk Q3 Earnings: A Simply Sensational Business

Nov. 14, 2022 2:57 PM ETThe Trade Desk, Inc. (TTD)5 Comments
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Summary

  • The Trade Desk is a leading programmatic advertising company with a visionary Founder-CEO.
  • 2022 is shaping up to be a difficult year for the advertising industry, yet TTD has continued to delight investors with strong results.
  • It carried on this momentum in Q3, beating analysts' estimates comfortably on both revenue and EPS.
  • Management acknowledged the headwinds felt by competitors, but shrugged them off after posting 31% YoY revenue growth.
  • If anything, I think the current macroeconomic headwinds provide The Trade Desk with more opportunities than setbacks.

Visual contents concept. Social networking service. Streaming video. communication network. 3D illustration.

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Investment Thesis

The Trade Desk (NASDAQ:TTD) is leading the charge in a world of advertising that is demanding more transparency. This has been severely lacking due to the dominance of walled gardens such as Alphabet (GOOG

The Trade Desk gartner magic quadrant for advertising ad tech

Gartner

The trade desk is a technology partner for advertising agencies

The Trade Desk Q3'22 Investor Presentation

Chart
Data by YCharts

The Trade Desk Q3 revenue beat analysts' estimates

Seeking Alpha / Author's Work

The Trade Desk's Q3 earnings eps beat analysts estimates

Seeking Alpha / Author's Work

The Trade Desk's programmatic advertising shopper marketing strategy

The Trade Desk 2022 Investor Presentation

The trade desk's annual key financial metrics including stock based compensation SBC

Author's Work

Chart
Data by YCharts

The trade desk quarterly cash flow finances including stock based compensation SBC

Author's Work

TTD Stock the trade desk share price valuation model

Author's Work

This article was written by

Stocks and Savings profile picture
1.82K Followers
We're Andreea & Jamie, two finance professionals based in the UK with a passion for helping others to learn about investing & personal finance. Follow our Instagram @stocksandsavings for daily investing content!

Disclosure: I/we have a beneficial long position in the shares of TTD, ROKU, PUBM either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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