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Criteo Stock Drops 10% Despite Higher Earnings In Q1

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Shares of Criteo S.A. (CRTO) are moving down about 10 percent following the announcement of its first-quarter results, reporting earnings of $37.92 million, or $0.66 per share. This compares with $7.24 million, or $0.12 per share, last year.

Currently, Criteo's stock is trading at $29.84, down 10.73 percent, over the previous close of $33.42. So far, the stock has traded today between $28.15 and $30.44 on the Nasdaq.

Also, the company's revenue for the period rose 0.3 percent to $451.43 million from $450.05 million last year.

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