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The Trade Desk posts 4Q profit

VENTURA, Calif. (AP) _ The Trade Desk Inc. (TTD) on Thursday reported profit of $10.3 million in its fourth quarter.

On a per-share basis, the Ventura, California-based company said it had net income of 24 cents. Earnings, adjusted for stock option expense, were 33 cents per share.

The digital-advertising platform operator posted revenue of $72.4 million in the period.

For the year, the company reported a loss of $26.7 million, or $1.46 per share. Revenue was reported as $202.9 million.

For the current quarter ending in April, The Trade Desk said it expects revenue in the range of $43 million.

The company expects full-year revenue of $270 million.

The Trade Desk shares have risen 21 percent since the beginning of the year.


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


Keywords: The Trade Desk, Earnings Report