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The Trade Desk Sees Q2 Revenue Of At Least $575M Vs $566.63M Est.; Adjusted EBITDA Of ~$223M

Author: Benzinga Newsdesk | May 08, 2024 07:22pm

Financial Guidance:

Second Quarter 2024 outlook summary:

  • Revenue at least $575 million
  • Adjusted EBITDA of approximately $223 million

We have not provided an outlook for GAAP Net Income or reconciliation of Adjusted EBITDA guidance to Net Income, the closest corresponding U.S. GAAP measure, because Net Income outlook is not available without unreasonable efforts on a forward-looking basis due to the variability and complexity with respect to the charges excluded from these non-GAAP measures; in particular, the measures and effects of our stock-based compensation expense that are directly impacted by unpredictable fluctuations in our share price. We expect the variability of the above charges could have a significant and potentially unpredictable impact on our future U.S. GAAP financial results.

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