Criteo SA (ADR) (CRTO) reported quarterly earnings results on Wednesday, Aug-3-2016. The company said it had a profit of $0.33 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.05. Analysts had a consensus of $0.28. The company posted revenue of $146.00 million in the period, compared to analysts expectations of $161.39 million. The company’s revenue was up 35.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.15 EPS.
Criteo SA (ADR) closed down -0.37 points or -0.85% at $43.16 with 5,54,076 shares getting traded on Tusday. Post opening the session at $43.81, the shares hit an intraday low of $43.07 and an intraday high of $44.32 and the price fluctuated in this range throughout the day.Shares ended Tusday session in Red.
In a different news, on Jul 19, 2016, James Warner (director) sold 1,000 shares at $42.50 per share price. According to the SEC, on Jul 19, 2016, Benoit Fouilland (Chief Financial Officer) sold 876 shares at $43.78 per share price. On Jul 7, 2016, Jean-baptiste Rudelle (Executive Chairman) sold 61,538 shares at $44.11 per share price, according to the Form-4 filing with the securities and exchange commission.
Criteo S.A. (Criteo) is a global technology company specializing in digital performance marketing. The Company’s solution consists of the Criteo Engine the Company’s data assets access to inventory and its advertiser and publisher platforms. The Criteo Engine consists of multiple machine learning algorithms-in particular prediction and recommendation algorithms-and the global hardware and software infrastructure. The Company delivers its solution through a range of marketing channels including display advertising banners delivered on Web browsers display advertising banners delivered on social platforms display advertising banners delivered in mobile applications and marketing e-mail messages delivered to opt-in e-mail addresses. The Company operates in 69 countries through a network of 21 international offices located in Europe the Americas and the Asia- Pacific region.