Trade Desk posts first-quarter revenue above estimates

Reuters
09 May
Trade Desk posts first-quarter revenue above estimates

May 8 (Reuters) - The Trade Desk TTD.O on Thursday posted first-quarter revenue above analysts' estimates, aided by strong demand for automated ad-buying technologies, sending it shares up 14% in extended trading.

Revenue for the first quarter grew 25% to $616 million, compared with estimates of $575.4 million.

(Reporting by Kritika Lamba in Bengaluru; Editing by Leroy Leo)

((Kritika.Lamba@thomsonreuters.com;))

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