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Trade Desk earnings beat expectations, stock rises

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Trade Desk topped expectations with its quarterly results and outlook Wednesday, and its shares were moving higher in the extended session after the report.

Advertising-technology company Trade Desk Inc. topped expectations with its quarterly results and outlook Wednesday, and its shares were moving higher in the extended session after the report.

On... Advertising-technology company Trade Desk Inc. topped expectations with its quarterly results and outlook Wednesday, and its shares were moving higher in the extended session after the report. On an adjusted basis, Trade Desk TTD recorded earnings per share of 23 cents, up from 21 cents a year before, while analysts were modeling 13 cents.

“Our strong start to the year is testament to the increasing value that marketers place on objective, transparent, data-driven media buying on the open internet,” Chief Executive Jeff Green said in a release.

 

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