Why Criteo Stock Was a Winner on Wednesday
It's safe to say (NASDAQ: CRTO) shareholders weren't feeling the sluggishness of Hump Day. Collectively, they traded up the shares of the France-based adtech company after it posted its latest earnings report, leaving them with a nearly 1% gain at market close. That compared favorably to the slight decline of 0.1% posted by the S 500 index that trading session.
For its second quarter, Criteo -- which reports in U.S. dollars -- earned $483 million, which was a 2% improvement over the same period of 2024. Going in the opposite direction was non-GAAP (adjusted) net income; this fell to $51 million ($0.92 per share) from the year-ago profit of $64 million.
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Source Fool.com
