-=The Trade Desk (TTD) reported earnings on Thur 9 May 2019 (b/o)

The Trade Desk beats by $0.25, beats on revs; guides Q2 revs in-line; raises FY19 revs and EBITDA guidance

• Reports Q1 (Mar) earnings of $0.49 per share, excluding non-recurring items, $0.25 better than the S&P Capital IQ Consensus of $0.24; revenues rose 41.2% year/year to $121 mln vs the $117.13 mln S&P Capital IQ Consensus.  EBITDA $24.7 mln vs. $18 mln guidance
• Total Mobile (in-app, video, and web) was 45% of gross spend for the quarter, highlighting the growing scale and importance of this channel to advertisers Mobile Video spend grew about 60% from Q12018 to Q12019 Mobile In-App spend grew about 60% from Q12018 to Q12019. Connected TV spend grew over 3x from Q12018 to Q12019 Audio spend grew over 270% from Q12018 to Q12019. 
• Co issues in-line guidance for Q2, sees Q2 revs of $154 mln vs. $153.21 mln S&P Capital IQ Consensus; EBITDA $46 mln
• Co issues guidance for FY19, raises FY19 revs to at least $645 mln from at least $637 mln vs. $645.13 mln S&P Capital IQ Consensus; EBITDA to $188.5 mln from $182 mln.
• "Over half of the companies in the S&P 500 have run campaigns on our platform... The secular tailwind of programmatic is strong. Our focus is on gaining share and revenue growth, as this will ultimately maximize profitability over the long-term."