Trade Desk Files 8-K on Financials and Operations

Ticker: TTD · Form: 8-K · Filed: 2024-02-15T00:00:00.000Z

Sentiment: neutral

Topics: 8-K filing, financial reporting, corporate update

TL;DR

Trade Desk just filed an 8-K covering their latest financial results and other key events.

AI Summary

The Trade Desk, Inc. filed an 8-K on February 15, 2024, reporting on its results of operations and financial condition, other events, and financial statements and exhibits. This administrative filing, identified by Accession Number 0001157523-24-000260, serves to update investors on significant corporate developments. The company's principal executive offices are located at 42 N. Chestnut Street, Ventura, California 93001.

Why It Matters

This filing indicates The Trade Desk is providing updated information on its financial performance and other significant events, which is crucial for investors to assess the company's health and make informed decisions.

Risk Assessment

Risk Level: low — The filing itself is administrative, merely indicating the company is reporting financial results and other events, without providing the details to assess specific risks.

Key Numbers

Key Players & Entities

FAQ

What is the name of the registrant filing this 8-K?

The registrant is The Trade Desk, Inc.

What is the date of the earliest event reported in this 8-K?

The earliest event reported is February 15, 2024.

What items are being reported in this 8-K filing?

The filing reports on Results of Operations and Financial Condition, Other Events, and Financial Statements and Exhibits.

What is The Trade Desk, Inc.'s Commission File Number?

The Commission File Number is 001-37879.

Where are The Trade Desk, Inc.'s principal executive offices located?

The principal executive offices are located at 42 N. Chestnut Street, Ventura, California 93001.

Filing Stats: 914 words · 4 min read · ~3 pages · Grade level 11.8 · Accepted 2024-02-15 16:05:44

Key Financial Figures

Filing Documents

02

Item 2.02 Results of Operations and Financial Condition. On February 15, 2024 , The Trade Desk, Inc. (the "Company") issued a press release announcing its financial results for the quarter and year ended December 31, 2023 . A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K. The information in this Current Report o n Form 8-K and Exhibit 99.1 att ached hereto is intended to be furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such filing.

01

Item 8.01 Other Events. On February 15, 2024 , the Company issued a press release announcing that, on February 8, 2024, the Company's board of directors authorized and approved an additional $647 million under its share repurchase program pursuant to which the Company may purchase its outstanding Class A Common Stock, par value $0.000001 per share (the "Class A Common Stock"), bringing the total amount for future repurchases back to $700 million . A copy of the press release is being furnished as Exhibit 99.1 to this Current Report on Form 8-K. The share repurchase program does not obligate the Company to acquire any particular amount of Class A Common Stock and may be modified, suspended or terminated at any time at the discretion of the Company's board of directors.

Forward-Looking Statements

Forward-Looking Statements This Current Report on Form 8-K contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including statements relating to the Company's amount, timing and sources of funding for the share repurchase program. Any forward-looking statements contained in this Current Report on Form 8-K are based upon the Company's historical performance and its current plans, estimates and expectations, and are not a representation that such plans, estimates or expectations will be achieved. These forward-looking statements represent the Company's expectations as of the date of this Current Report on Form 8-K, and involve risks, uncertainties and assumptions. The actual results may differ materially from those anticipated in the forward-looking statements as a result of numerous factors, many of which are beyond the control of the Company, including changes in price and volume and the volatility of the Company's Class A Common Stock, adverse developments affecting prices and trading of exchange-traded securities, including securities quoted on the Nasdaq Global Market, unexpected or otherwise unplanned or alternative requirements with respect to the capital investments of the Company and the risks and uncertainties disclosed in the Company's reports filed from time to time with the Securities and Exchange Commission, including its most recent Form 10K and any subsequent filings on Forms 10-Q or 8-K, available at www.sec.gov. The Company does not intend to update any forward-looking statement contained in this Current Report on Form 8-K to reflect events or circumstances arising after the date hereof.

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Item 9.01

Financial Statements and Exhibits

Financial Statements and Exhibits. (d) The following exhibits are being filed herewith: Exhibit No. Description 99.1 Press release of the Company, dated February 15, 2024 . 104 Cover Page Interactive Data File (formatted as Inline XBRL).

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. THE TRADE DESK, INC. Date: February 15, 2024 By: /s/ Laura Schenkein Laura Schenkein Chief Financial Officer (Principal Financial and Accounting Officer)

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