VENTURA, Calif. (AP) — VENTURA, Calif. (AP) — The Trade Desk Inc. (TTD) on Wednesday reported fourth-quarter earnings of $187 million.
The Ventura, California-based company said it had profit of 39 cents per share. Earnings, adjusted for stock option expense, came to 59 cents per share.
The results matched Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was also for earnings of 59 cents per share.
The digital-advertising platform operator posted revenue of $846.8 million in the period, which beat Street forecasts. Eight analysts surveyed by Zacks expected $841.9 million.
For the current quarter ending in March, The Trade Desk said it expects revenue in the range of $678 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TTD at https://www.zacks.com/ap/TTD
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