Trade Desk shares soar on revenue beat and strong guidance


Source: cnbc.com cnbc.com

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Shares of The Trade Desk jumped over 18% on Thursday after the advertising technology company issued strong first-quarter guidance and beat on revenue. Here's what analysts were expecting: Earnings per share: 41 cents, adjusted vs. 43 cents expected by LSEG, formerly known as Refinitiv 41 cents, adjusted vs. 43 cents expected by LSEG, formerly known as Refinitiv Revenue: $606 million vs. $582 million expected by LSEG Fourth-quarter sales jumped 23% from $491 million a year ago. Net income rose 37% to $97 million, or 19 cents a share, from $71 million, or 14 cents, in the same quarter a year...