our and industry. next key year. our Chris, are little quickly joining third us. the rapidly of coming as I all thank couple and but forward for to into will then confidence quarter moving into view this in highlights the provide context our that a for quarter, for They of into to quarter, in dig performance cover deeper want I'm importantly, just a areas going you but the fourth Thanks,
$XXX executed $XXX.X surpassing revenue XX% was grow again, well million, exceeded saw We of guidance year-over-year. in and Once QX, our we expectations. our Revenue million.
IDC. the around advertising that of industry year. reference the XX% market growing overall according Magna have is a Global that for so to at X% frame growth, at you is And advertising this growing remember programmatic estimates Just
segment $X are TAM an next industry So significantly outperforming. reach in fastest-growing in trillion is we expected of to the that the of a decade,
of the the industry. growing again about are we fact, at In pace double once
outpaced investments also gain key are the and providers we it's objectivity Our of this markets. bodies share It's of trust. work growth and that because commitment And result the partners in to made advertisers industry the make and an content to across independence. do we've our market industry with and standard channels and
As of Spend our was major areas is investment of you XXX% know, last platform on year. one from Connected those CTV. up QX TV and
We strong live triple- potential quadruple-digit multiple After especially years have sporting upside in year-over-year elections. growth definitely even events. available biggest the growth U.S. CTV business. CTV, We're in including XXX% in growth events events bright and of excited of one about live our seen in inventory, the in XXXX, major spots the especially for is and of QX
strategically CTV in focus invested supplier seeing I'll more of and CTV about say this and is payoff we're the important the ecosystem, our infrastructure in going bit XXXX. into most early those later. our We business of the accelerate. a investments
digital radio But audio PwC is the XXX% growing $X spend estimates. up not CTV, stunning just large year-over-year. Like market, was billion according about and CTV. Audio is in a a growth to
of growing such metrics terms delivers growth, completion percentage our is fastest be channels. as In to of rates. pure regularly high-performance because customers one continues it it Audio attractive to highly our
Music inventory sources bullish just in advertisers worldwide adoption to I'm years but as by audio integrate continue nascent We the other such opportunities podcasting audio in to new audio dominates our of broader channel on of come. this and see future. today, as expect to
from history is class is includes In the mobile Internet CTV most QX, the in-app most two the And engagement, the spend and audio way middle that video. move last where most QX, Mobile more came especially forms almost in is growing of devices. means in world clicks. to believe growth. forms and advertising you our more, are and year. which emerging. largest accesses half on as of I of true effective the this in Tokyo respectively. XXX% our the Asia of markets staying high-growth audience fuel increased from the CTV about because of ads offices devices, This mobile that power, in of XX% the not the If in through XX%, driving mobile do high in have that our efficacy, grew In the and advertising Seoul just QX Asia mobile helped revenue Spend is fastest
us. more Our Seoul with their office accounts achieved record spend. spend more and major grew advertisers, We added
We in ad spend grew signs. XX% tech in our are promising to in of the China, very We see Manager, hired and companies And XX%. one Paris country of where new who trends previously continue in seeing growth offices in General leading a Chan, Europe was Calvin CEO AdMaster, the similar Madrid and China. we
forged a largest tap footprint. new the see of can the with agencies. BlueMedia, Calvin with our DoubleClick. to them You advertisers of think in Chinese their global about partnership already help local as into They the has value one working equivalent media us
companies all with programmatic right within one because the and benefits directly BlueMedia the data-driven of consumers, of BlueMedia and is major important Chinese build of there is to only the look to deal outside because including to, partnering that us, done ecosystem, work Baidu, of also is both China, turn of local As to because in we've China. BlueMedia one few not the leverage is and advertising platform ITE Alibaba, of local market they This agencies are to the a pioneers Tencent. partnerships our but with largest.
much focuses about agencies of benefits our on emerging the go-to-market As in programmatic. and strategy brands of educating many markets,
many the of next be new courses Desk level been specific weeks and in Calvin this a all getting China. China's China be sessions work China the in in this Through in we are new Academy of to to of marketing in work, Kong foundation called, for this will to in long-term of leaders launch the in We iteration Trading the and groups. are agencies success are these Hong brands, of the instrumental Edge. China next with to taking going has motion. couple laying from Trade market. I'm that standards The record Participating
already has a year significant been progress. of XXXX
are about very middle drive the in We our ability I in am what but class largest the optimistic ahead. growth to be still world's early in significant stages, will the years
We Chinese can bets convinced continue invest place we companies we're and China, that to on help and grow.
is data. of the one or underlying channel constant of Regardless importance region,
gains year, data that increased launch, XX% about In XX% was In spend entire quarters a year-over-year. front data to the and XXX% We've seen more As advertisers the in last that that similar devices is uses advertising cross-device, and revamped in a four can cross-device data integrated pleasant, spend in target experience. basis. on since of a solutions, you'll have recall, up last experience. drives consumer way Advertisers embraced QX, year-over-year. up spend. cross-device across platform we our user year-over-year With put our center the range
with become they and advertisers are data of of precision, more how As power becoming greater use sophisticated it. they in advertising the in expanding comfortable more and apply driving programmatic types data they the
when which the I in cycle. then that's us from has bigger Procter grow, mass & to their of and get substantial reach, us in our asked blasting mass said, "Moving helped advertising. power customers, data-driven Gamble, about helped Brand it media, Chief allows was well quote, efficiencies up summed one-to-one to Officer, us He one of precision the
awareness a you growing You you the more of to ways then of in that helped cycle more the on get continues." bar raised reach the insurance of It's superiority, the global of the that world's business, kind superiority, marketing find in sign company, back travel and power quarter. programmatic productive, a a with reinvest and company, us people large top beverage many company. global new consulting entertainment global them some firm were Among MSAs advertisers a multinational major
advertisers platform, As XXXX they began two some they a too relatively our year-over-year many these new their of three our half XXXX. then increased the grow and agencies. of platform factor these within with as just the brands XXXX. brands cases, through platform they into spend increased quarters, revenue large spend. measurable in on signed driving first have When small results, do, XXXX, These exponentially XX% the saw When started quarters were have in we and their they through small our growth they nearly large XXX%. second they In campaigns on key customers always their test
and We in with spend on we expect also a position had some us restaurant These continued that growth, in previously only one their dollar Among very not for results platform; well from of similar a walled us: from brand won a those reallocated but significant relied dynamics spend. increasing for advertisers. global manufacturer, XXXX. QX new who multimillion gardens of mostly the our spend programmatic incremental existing our on are auto spend to major advertisers
our more our in our are to We rapidly ever more peers. ability aggressively than grow and than confident profitably business
said, a anyone advertising As dig I the the I of believe industry, advertising which that want well provide take to context positioned shifts us for are you makes more competitive little to significant we dollar. confidence. in for I to advantage as as deeper next
Nowhere is this more apparent than Connected TV.
and in many have frontier advertising before the significant digital is in of This important we in because, TV right the viewing changing ways, advertising. is discussed our nature TV the eyes. As past, is most TV
perform. been TV little on represents ad of as now, campaigns. retailers, demos broad piece these For had customers have linear they've automakers, only And those very how our Until massive on based campaigns campaigns able TV. detailed to feedback TV run on many such they of major CPGs, the their largest the very
TV a campaigns advertisers like Connected build what more new It's and as And Hulu, call ad-funded game TV AT&T were streaming the companies they TV access I said devices launch is apply for to this data were can that first content And companies. ago, content and of changing leaf more connected two all pioneers TVs. streaming time. platforms, revolution. as viewers their I and years Spotify via that of smart providers tea as changer. I said
most what models. do. going offerings ad-supported They options. no predict models. cases, TV If what on ads. do, others with ads. to discounted They they ad-funded model, strong revenue took you and they offering know the some offer and a developed leaf with targeted new in chose you And positions watch are consumers others, offer proved can In tea they companies and the premium These audio
out that apps. programmatic laid ultimately companies those any executes company strategies of important. most went result, leaf is Whether less on all-in individual well a tea As
execute have streaming not. the changed in is companies undeniable What's that and game advertising. Some these will content programmatic and will some
ESPN, also has Disney it ad-funded ads subscription pioneers, launches service, FX. their and various ad-funded owns service Hulu, are Geographic a the reports to such next These the entirely of course, fusion it National tier leading and there content, are in an which, When their movement. launches to ad-funded giving for tier. Disney year, be were Disney+ has consumers Max so HBO options that its others They CTV. companies ABC, NBC planning and alongside is been properties will pay the but their as ad-funded. maximizing AT&T's of access an for now programmatic will potential. ways its it's Peacock When are revenue and doing sit and
I is year that believe mostly that its proved CTV future XXXX the will be ad-funded.
the state economics providers the and have TV models. competition the current will Given CTV industry, ad-funded all to in of explore current
a from traditional subscribers On viewers fighting industry ticking costs are QX the while in that content lost bomb. are million X.XX broadcasters the side, That's fewer Litman TV figures Linear research time linear shows linear XXXX. for going group about up. entire
ratio ad-to-viewer their means to there's sense than have a Until been nowhere that else advertisers, they worse go. recently, is that ever. For
Now them shift to more content do. is becoming streaming among competition more intense. providers But they as platforms,
competitors with subscriber such content. growth seen, are to much so as only have And libraries. to massive content pace all start platforms established nail highly It issue the just while they'll others growth we Netflix ads. keep for in believe month subscription ad-funded are few fighting for there to the new tooth avoid premium Netflix in demand. giving new As having war debt all There's what less and to or to consumers in believe eventually have: and the with relevant pay even I a see points And more I services and pay experiment that ads every firmly adopt models. future. will choice ad-supported
launch is demand. the we announced for to changer and all almost Amazon. leaf create we are them earnings, with and programmatic industry marketplace represents game how reported As services, us a private to another offering. for agreement of out providers of streaming tea deal working figure with This Since details optimize content last the their a
TV one in We of for are the now premium DSPs preferred third-party their content marketplace. Fire
Services, Publisher ensure to content advertisers improve inventory, all We they the consumers. as stated this APS, deal, to And have to to us remnants. order are are their maximize not in demand, premium for fee ad transparency access the to they when to Amazon attract and for announced frequency we coming trying
to we may as they partner you heard, Disney start have of their As as preferred more have content. stream a to work also started premium with
and a with X every and they Let major content moment our data-driven direct its coming right they providers. sure ProSieben they do to other are not France us in They in work More Amazon that in and worldwide, England, Disney pause to and us. strategies as reiterate. make everything much Germany, These advertisers content. are their TFX and apply me significant our providers can want not network so because just just other pretty Channel customers. content partners. to are asking including It's more, global providers They are to
did all change mean level, On a Three in more things. this for micro quarter? us what this
quarter more more of inventory customers This the more access First, available move and as drive we for quarter. premium our TV on helped growth platform. progressed, through the acceleration us started as it. And to our became revenue
strong growth. in XXx But a progress of CTV during That's, increased number With month in Amazon as from our and was on we're platform inventory the partners such also Disney. our result online the coming game-changing Amazon, partners. impressions seeing quarter. the As of from other result, last especially part,
it largest the compete access content space, in version gives every it a ad header for the the because nutshell, to their demand, launched means, to bidding, FreeWheel, thing them in can example, For the but offer server yield. impression. CTV This that owners them most we unified is also best of on
data-driven we'll lose. more fight level we Whenever than we between and a this As way always, gating. if confident selection win can are field, the becomes playing the challenge, ad is this often we
this significantly spots up field, premium providers As increase on a content result playing saw as FreeWheel's the the through CTV we much using leveling of some feature quarter, FreeWheel. with as available XXX% new
Second, brands to start upfront and by in last, signed and as spring, which programmatic TV go interesting in broadcasters back live content. the new to commitments but terms fundamental launched live linear were And the Connected perhaps major sports. advertising most TV difference August of in advertising, late is September campaigns, between
spend me here. minute Let a
providers and live of advertisers. both is for a unpredictability The events huge opportunity content
optimizing build and when it's platform, a working an us or broadcaster's should If it, most as on innings engaged is unpredictability. goes baseball most at at often highest the value are the time. the can't and Think them, goes The shifting spots. away what can automatically a you watching. discount the for often of advertiser. game realize This act. the advertiser value full Everyone's recognizing extra then is value a valuable In them desirable repeat look of NFL the inventory for ad into major Disney a environment, league in The about with the those investments in overtime. pops they broadcaster can wasted. game optimize linear streaming for at their be levels. plan But environment, these is all ad for viewership opportunities, advertiser This and about its those into broadcaster up data-driven and most giving real ends
of third football As the kick up, progressed, start and season. playout college the NFL baseball races into quarter gear, we heated start, the the soccer saw European
continue but such are drive with And which these the as us content. this highly-charged our political which events, not of programmatic and into momentum next major huge clients. unpredictability also from sporting where TV election, quarter All through only events also presidential have the for we'll stay to opportunities in will year benefit advertising, advertising will will
All growth Trade CTV It through Desk. alter the coming way not drive in now. moving did quarter, only of I television is us for advertising help of said, that believe benefit The acceleration CTV will will revenue firmly economics a of the that fundamentally forward that right age
to is in we differentiator partner important as is are too. successful investments have we made in This is recognize a them in possible. investing The platform major result of always as This to our help a our shift we've and commitment us. that the Advertisers direct investment for CTV ecosystem. another seen in progress be context,
As a industry at invest flexibility building necessary acquisition their or stay every financial in and identity Connected whether enable our Adbrain on the said I edge drive just - retain to in and data-driven to wherever they're our heavily have we in the cookie-less almost our to operating graph customers of We're environment. quarter, precision bleeding not investing in solutions a TV. that cookie-based campaigns,
look such includes as on information advertisers the for also investment areas performance. precise as measurement campaign Our most
allow This advertisers and ROI become more and advertiser to experience use helps or measurement syndrome walled homework" which with that the transparent the avoid often "grading verification. agency Our for own any third gates data. tools gardens parties your ecosystem office and
in to continue worldwide. processing data support invest growth business also infrastructure We and our to
profitability. see already line. these our do of our development that have expense success. We retention to us in these It we or between investments gross and This in and invest their leverage platform highly This customers investments They for some to flow a You We puts position factor is drive in of both. not will to our margin choose through infrastructure of model. types do continue our appealing strength. growth know a XX%-plus to help rates. is major
we platform. our In charge with and premium to to question, It value. we delivering more major growing profile, us value the improve all-digital brands profitability discipline. across how For management are work advanced in providing tools all is fee are advertising and what's companies to are It's to exceeds us what's beverage more to view, we're we profitable. us faster, for business with And strategize size platform. they agencies as work the prompting major and driving platforms. streaming focus good on our It's we of we similar forces that closely ask broadcast more is constantly significantly the us a apply on onto major our providers new channels. driving That frequency brand focus their
I positioned I've time and advertising. our This understand a covered discussed, momentum to everything I data-driven very what's our continue industry in business. drive a given we within our to lot are position that going of well and industry all it's our fascinating And for is think for it. confident to ground, but on feel I important lead
XXXX As our six to positive forward about me are XXXX, that we look there and areas prospects. make exit specific extremely future
per First, more brands ours. brand driving across to the run, expect moving platforms choices them, omnichannel the stay for to value. advertisers This and data-driven like see In and strategies campaigns data-driven and agencies for of their is to protect time, data good good are to impression it is global competitive increase. Over leads amount long to us. their we
we platform data-driven advertisers growth XXX before. of Second, on XX this have significant in advertising the we XX% large campaigns. More our becomes our the than ever see of last even advertisers Ad potential element spent still than more as months. have larger on their platform momentum, top Despite Age an
XXXX with relative As spend a expect to to do in what us we small current and their them result, still beyond. is
TV. area third is Connected The
data more our ad CTV has their premium discussed, more in helped the have advertisers I increase adding progress time. spend for inventory likes huge of As This TV Amazon, supplies and is to materially. campaigns first Disney apply from driving others and the the to made we
We over in XXXX. expect XXX% of CTV again growth
we continue growth expansion. our industry. in We've We at are XXXX. significant stay our invest last the accelerate to Fourth, international to investments of we U.S. in heavily the to the two forefront innovation position years. Fifth, over a believe in global of outside made
with We launch we and XXXX. solutions trend as seen products new such and products with identity expect major cross-device that have success to continue data that in
inception. to model customer finally, has even its have expand base. of maintain And extremely in fueled rates expect our as service strong rates This excellence we customer and business retention we customer this since those
is to media world. to buying scaled offer the objective Our goal best the in continue platform
that great that said, getting with momentum, just and all still started. of we're All
show, quarter rest trends The Desk and continue than faster As Trade market. XXXX. our of numbers quarter these into is the We much anticipate for the this growing will after year
turn discuss to the over I'm our Now to to Paul call going financials.
