The Trade Desk: Q3 Earnings Snapshot

VENTURA, Calif. (AP) — VENTURA, Calif. (AP) — The Trade Desk Inc. (TTD) on Monday reported third-quarter earnings of $38.1 million.

The Ventura, California-based company said it had profit of 8 cents per share. Earnings, adjusted for one-time gains and costs, came to 33 cents per share.

The results exceeded Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 26 cents per share.

The digital-advertising platform operator posted revenue of $736 million in the period, also beating Street forecasts. Seven analysts surveyed by Zacks expected $650.7 million.

For the current quarter ending in December, The Trade Desk said it expects revenue in the range of $755 million.

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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