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Trade Desk stock rallies after advertising tech company beats views
Shares of Trade Desk Inc. TTD, +9.66% rose nearly 10% in the extended session Thursday after the advertising technology company reported fourth-quarter earnings well above Wall Street expectations. Trade Desk said it earned $39 million, or 84 cents a share, in the quarter, compared with $17 million, or 38 cents a share, a year ago. Adjusted for one-time items, the company earned $1.09 a share, compared with 54 cents a share a year ago. Revenue rose to $161 million from $103 million a year ago. Analysts polled by FactSet had expected adjusted earnings of 79 cents a share on sales of $148 million.
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![[Bild: TTDc0dl1639.png]](https://finviz.com/publish/022119/TTDc0dl1639.png)
Shares of Trade Desk Inc. TTD, +9.66% rose nearly 10% in the extended session Thursday after the advertising technology company reported fourth-quarter earnings well above Wall Street expectations. Trade Desk said it earned $39 million, or 84 cents a share, in the quarter, compared with $17 million, or 38 cents a share, a year ago. Adjusted for one-time items, the company earned $1.09 a share, compared with 54 cents a share a year ago. Revenue rose to $161 million from $103 million a year ago. Analysts polled by FactSet had expected adjusted earnings of 79 cents a share on sales of $148 million.
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