VENTURA, Calif. (AP) _ The Trade Desk Inc. (TTD) on Tuesday reported a loss of $14.6 million in its first quarter.

On a per-share basis, the Ventura, California-based company said it had a loss of 3 cents. Earnings, adjusted for stock option expense, came to 21 cents per share.

The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 16 cents per share.

The digital-advertising platform operator posted revenue of $315.3 million in the period, also topping Street forecasts. Six analysts surveyed by Zacks expected $304.4 million.

For the current quarter ending in July, The Trade Desk said it expects revenue in the range of $364 million.

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

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