Criteo Q3 Revenue Slides 11% to $416 Million, Adjusted EPS $0.43
· 3h ago · Originally reported by TradingView
Ad tech firm Criteo reported third-quarter revenue of $416 million, down 11% year over year, with adjusted EPS of $0.43. The figures are based on a headline with no accompanying excerpt, so further detail on drivers was not provided.
Why it matters
Criteo's results are a barometer for the retargeting and commerce media business, so an 11% revenue decline signals pressure on legacy ad tech revenue streams.
Explain it like I’m new here
Criteo, a company that helps stores show you ads for things you looked at online, made noticeably less money this quarter than the same time last year.
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