|Bid||28.14 x 800|
|Ask||30.00 x 800|
|Day's Range||27.10 - 28.33|
|52 Week Range||20.56 - 43.49|
|Beta (5Y Monthly)||0.91|
|PE Ratio (TTM)||14.07|
|Earnings Date||Aug 03, 2022|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||40.17|
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Shares of advertising platform Criteo (NASDAQ: CRTO) were up on Wednesday, after the French company released financial results for the second quarter of 2022. As of 3 p.m. ET, Criteo stock was up 10%. This industry can be loosely tracked with an exchange-traded fund (ETF) like SmartETFs Advertising & Marketing Technology ETF.
Criteo S.A. (NASDAQ: CRTO) reported a second-quarter FY22 contribution ex-TAC decline of 3% Y/Y to $215 million, missing the consensus of $220.81 million. Contribution ex-TAC from Marketing Solutions declined 8% to $177.97 million, and Retail Media grew 36% Y/Y to $36.56 million. Revenue decreased by 10% Y/Y, or 3% at constant currency, to $495 million. Criteo's activated media spend rose 9% Y/Y in constant currency to $676 million. Adjusted EBITDA was $50 million (-26% Y/Y), and margin contract
Criteo S.A. (NASDAQ: CRTO) ("Criteo" or the "Company"), the commerce media company, today announced the completion of its acquisition of IPONWEB and financial results for the three and six months ended June 30, 2022.