Shares of Trade Desk Inc. rose. In the extended session on Thursday the ad tech company easily cleared the bar with its outlook for the current quarter.
The company generated at least $478 million in revenue for the first quarter, along with about $130 million in adjusted earnings before interest, taxes, depreciation and amortization (Ebitda). Analysts were modeling $451 million in revenue plus $113 million in adjusted EBITDA.
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