From CNBC:

The Trade Desk CEO Jeff Green announced strong first-quarter guidance, resulting in an 18% surge in shares. Fourth-quarter sales rose 23% to $491 million, with net income increasing by 37%. The company’s board approved $647 million in share repurchases, and The Trade Desk specializes in providing technology for web user targeting. The company anticipates strong growth in the Connected TV market in 2024, aligning with a broader recovery in digital advertising that has benefited Meta, Alphabet, and Amazon. Amazon’s ad business grew 27%, while Meta reported a 24% increase, and Google’s ad business expanded 11%.



Read more: Trade Desk shares soar on revenue beat and strong guidance