Revenue Update on Criteo SA (ADR)(NASDAQ:CRTO)

Criteo SA (ADR)(NASDAQ:CRTO) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during Pre-market on Aug 3, 2016. Company reported revenue of $166.23M. Analysts estimated a revenue of $161.27M. Earnings per share were $0.33. Analysts had estimated an EPS of $0.28.

Criteo SA (ADR) (CRTO) shares turned negative on Fridays trading session with the shares closing down -0.24 points or -0.60% at a volume of 3,03,334. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $40.3. The peak price level was also seen at $40.3 while the days lowest was $39.68. Finally the shares closed at $39.82. The 52-week high of the shares is $48.8 while the 52-week low is $24.23. According to the latest information available, the market cap of the company is $2,533 M.

Several Insider Transactions has been reported to the SEC. On Jul 19, 2016, James Warner (director) sold 1,000 shares at $42.50 per share price.Also, On Jul 19, 2016, Benoit Fouilland (Chief Financial Officer) sold 876 shares at $43.78 per share price.On Jul 7, 2016, Jean-baptiste Rudelle (Executive Chairman) sold 61,538 shares at $44.11 per share price, according to the Form-4 filing with the securities and exchange commission.

Criteo S.A. (Criteo) is a global technology company specializing in digital performance marketing. The Company’s solution consists of the Criteo Engine the Company’s data assets access to inventory and its advertiser and publisher platforms. The Criteo Engine consists of multiple machine learning algorithms-in particular prediction and recommendation algorithms-and the global hardware and software infrastructure. The Company delivers its solution through a range of marketing channels including display advertising banners delivered on Web browsers display advertising banners delivered on social platforms display advertising banners delivered in mobile applications and marketing e-mail messages delivered to opt-in e-mail addresses. The Company operates in 69 countries through a network of 21 international offices located in Europe the Americas and the Asia- Pacific region.

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