"Criteo's Q3 contribution excluding traffic acquisition costs (ex-TAC), a non-GAAP revenue measurement commonly used in the advertising industry, rose 8% year over year to $288 million. Adjusted earnings jumped 36% higher, landing at $1.31 per diluted share. The average Wall Street analyst would have settled for contribution ex-TAC of $281.3 million and earnings in the neighborhood of $0.93 per share."
"On top of the rock-solid results, Criteo will move its corporate domicile from Paris to Luxembourg in 2026, with the option to then relocate to the United States in the future. The move to Luxembourg helps Criteo move its American stock listing from the current American depositary shares (ADS) to a direct listing on the Nasdaq (NASDAQ: NDAQ) stock exchange."
Criteo reported stronger-than-expected third-quarter financial results, with contribution excluding traffic acquisition costs (ex-TAC) rising 8% year over year to $288 million and adjusted earnings of $1.31 per diluted share, a 36% increase. Analysts had forecast contribution ex-TAC of $281.3 million and earnings near $0.93 per share. The company announced a two-step relocation plan to move its corporate domicile from Paris to Luxembourg in 2026, with the option to later move to the United States. The Luxembourg move will enable a shift from American depositary shares to a direct Nasdaq listing and could pave the way for possible S&P 500 eligibility.
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