Criteo today (November 1) reported revenues of $564m for the three months to September 30, an increase of 33%, although it forecast that Apple’s Intelligent Tracking Solution (ITP) could negatively impact revenues for the all-important final quarter of the year by 8-10%.
Factoring in its recent purchase of HookLogic, Criteo forecast Q4 revenues after traffic acquisition costs of $260-$263m (analysts had previously expected this to be in the region of $280m) equating to comparative growth of 13-15%, with the company’s share price down by 6% in pre-market trading.
Since its introduction in mid-September 2017, ITP has cost the Read full story ›
Source: The Drum
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