Criteo ADR earnings miss estimates by $0.15, revenue beats expectations
· 1h ago · Originally reported by Investing.com
Criteo reported quarterly results in which its earnings per ADR came in $0.15 below analyst estimates, while revenue exceeded consensus forecasts. The mixed results were disclosed via Investing.com's earnings coverage. No additional guidance details were provided in the report.
Why it matters
Criteo is a major ad tech player specializing in retargeting and commerce media, so its results are a bellwether for how demand-side advertising technology is performing.
Explain it like I’m new here
Criteo's report card showed it earned less money per share than expected, but brought in more total sales than predicted — like a lemonade stand making more cups sold than planned but at slimmer profit.
Read the original at Investing.com
Terms in this story
Earnings report
An earnings report is the periodic announcement, usually quarterly, in which a public company discloses its revenue, profit and other key results, often with an investor call and updated guidance.
Guidance (forecast)
Guidance is a public company's own forecast of its future results, such as next quarter's revenue or full-year adjusted EBITDA, usually given as a range alongside an earnings report.
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