The Trade Desk (NASDAQ:TTD) reported disappointing Q4 revenue earnings and FY25 Q1 guidance falling on the lower end of expectations. This marks the first time in over eight years as a publicly traded company that they have missed earnings. Despite the miss, the company remains optimistic, projecting rapid growth within its industry and the $1 trillion global Total Addressable Market (TAM) intact. Additionally, strong growth in international markets should be encouraging for investors.
CEO Jeff Green openly addressed the under-performance and presented a 15-point plan for the upcoming year. While comprehensive, the plan may feel excessive due to its broad scope and the potential difficulty of tracking so many initiatives. Although the management team took responsibility for the earnings miss, their explanation was lacking in specifics, attributing the shortfall to “poor decisions” without further detail. For more details, key highlights, and commentary, check out the high-level earnings summary.
