Criteo S.A. (CRTO) Tops Q1 EPS by 7c, Q2 Revenue Guidance Misses
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Criteo Reports Solid Results For The First Quarter 2020 Amidst A Challenging Environment
April 29, 2020 7:00 AM EDTNEW YORK, April 29, 2020 /PRNewswire/ -- Criteo S.A. (NASDAQ: CRTO), the global technology company powering the world's marketers with trusted and impactful advertising, today announced solid financial results for the first quarter ended March 31, 2020 in a challenging global environment marked by the outbreak of COVID-19.
Revenue decreased 10% year-over-year, or 8% at constant currency1, to $503 million. Revenue excluding Traffic Acquisition Costs, or Revenue ex-TAC2, decreased 13% year-over-year, or 11% at constant currency, to $206 million ($207 million at guidance rates), representing 41% of revenue. The COVID-19 outbreak negatively impacted Revenue by approximately $24 million, or... More