Trade Desk shares roar as earnings forecasts crush expectations

Trade Desk Inc. shares soared in Thursday’s extended session as the advertising technology company easily topped the bar with its forecast for the current quarter.

The company expects revenue of at least $478 million for the first quarter, along with about $130 million in adjusted earnings before interest, taxes, depreciation and amortization (Ebitda). Analysts expected revenue of $451 million and adjusted EBITDA of $113 million.


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