=The Trade Desk (TTD) reported earnings on Thur 16 Feb 2017 (a/h)

The Trade Desk beats by $0.10, beats on revs; guides Q1 revs above consensus; guides FY17 revs above consensus :

• Reports Q4 (Dec) earnings of $0.33 per share, excluding non-recurring items, $0.10 better than the Capital IQ Consensus of $0.23; revenues rose 69.6% year/year to $72.4 mln vs the $62.11 mln Capital IQ Consensus.
  • Native spend grew over 700% from Q32016 to Q42016; Mobile In-App grew over 400% from Q42015 to Q42016; Mobile video grew nearly 300% from 2015 to 2016; Connected TV grew over 100% from Q32016 to Q42016.
  • The Trade Desk ended 2016 with 566 active customers and customer retention remained over 95% during the quarter, as it has for the previous 12 quarters.
• Co issues upside guidance for Q1, sees Q1 revs of $43 mln vs. $39.45 mln Capital IQ Consensus Estimate; EBITDA breakeven +/- $2 mln
• Co issues upside guidance for FY17, sees FY17 revs of $270 mln vs. $248.11 mln Capital IQ Consensus; EBITDA $72 mln
• "Our mission has always been to change the way all of advertising is bought. Today advertisers are wasting billions of dollars overloading consumers with uncoordinated or irrelevant messaging because media buying is done through multiple uncoordinated specialty targeting shops or with media companies directly. We are the only purely independent demand side platform buying media at scale, objectively, across all digital channels and devices. We are still early in our growth trajectory and we expect 2017 to be another record year for the company as we continue to see great momentum from our customers in the adoption of programmatic advertising on our platform and our global offerings."