Investing.com - Criteo Sa reported on Wednesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Criteo Sa announced earnings per share of $1.44 on revenue of $276M. Analysts polled by Investing.com anticipated EPS of $1.08 on revenue of $273.95M.
Criteo Sa shares are down 5.38% from the beginning of the year, still down 21.16% from its 52 week high of $46.65 set on July 7, 2021. They are outperforming the Nasdaq which is down 9.27% from the start of the year.
Criteo Sa shares lost 14.11% in pre-market trade following the report.
Criteo Sa follows other major Communication Services sector earnings this month
Criteo Sa's report follows an earnings beat by Alphabet C on February 1, who reported EPS of $30.69 on revenue of $75.33B, compared to forecasts EPS of $27.8 on revenue of $72.27B.
Meta Platforms had missed expectations on February 2 with fourth quarter EPS of $3.67 on revenue of $33.67B, compared to forecast for EPS of $3.84 on revenue of $33.37B.
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