The Trade Desk beats by $0.24, beats on revs; guides Q2 revs above consensus; raises FY18 revs above consensus
- Reports Q1 (Mar) earnings of $0.34 per share, excluding non-recurring items, $0.24 better than the Capital IQ Consensus of $0.10; revenues rose 60.5% year/year to $85.7 mln vs the $73.25 mln Capital IQ Consensus; EIBTDA $18.9 mln vs. $7.5 mln guide
- Co issues upside guidancefor Q2, sees Q2 revs of $103 mln vs. $93.11 mln Capital IQ Consensus Estimate; EBITDA $30 mln vs. $26 mln est.
- Co issues upside guidancefor FY18, sees FY18 revs of $433 mln from $403 mln vs. $403.89 mln Capital IQ Consensus Estimate; EBITDA $133 mln from $118 mln
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