Trade Desk reports Q4 non-GAAP EPS 38c, consensus 36c

Reports Q4 revenue $491M, consensus $490.49M. "The Trade Desk outpaced nearly all areas of digital advertising in 2022, with 32% revenue growth year over year, and a record $491M of revenue in Q4 alone. This performance was underscored by significant profitability and cash flow. In an unpredictable macro environment, our growing relationships with agencies and brands is testament to the value of the open internet over the limitations of walled gardens," said Jeff Green, CEO. "More of the world’s leading advertisers are gravitating to fast-growing channels such as Connected TV and retail media, which offer premium value at scale. They are leveraging new identity tools, such as UID2, which allow them to make the most of their first-party data in a privacy-safe manner. These trends will accelerate in 2023 and we will continue to invest in our platform to help advertisers drive maximum value from these opportunities."