VENTURA, Calif. (AP) — VENTURA, Calif. (AP) — The Trade Desk Inc. (TTD) on Wednesday reported fourth-quarter earnings of $182.2 million.
The Ventura, California-based company said it had net income of 36 cents per share. Earnings, adjusted for stock option expense, came to 59 cents per share.
The results beat Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of 58 cents per share.
The digital-advertising platform operator posted revenue of $741 million in the period, missing Street forecasts. Ten analysts surveyed by Zacks expected $758 million.
For the current quarter ending in March, The Trade Desk said it expects revenue in the range of $575 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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