Criteo Stock Pops on Strong Results -- and a Transatlantic Relocation Plan | The Motley Fool

"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."

"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 stock exchange. That move makes Criteo's stock easier to trade on the massive U.S. stock market. Along with the potential cross-Atlantic move of corporate headquarters, Criteo could even be eligible for inclusion in the S&P 500 (SNPINDEX: ^GSPC) market index someday."

Criteo reported Q3 contribution excluding traffic acquisition costs (ex-TAC) rose 8% year over year to $288 million, and adjusted earnings increased 36% to $1.31 per diluted share, exceeding analyst expectations of about $281.3 million ex-TAC and $0.93 per share. Shares opened 8.7% higher after the results. Criteo plans to move its corporate domicile from Paris to Luxembourg in 2026, retaining the option to later relocate to the United States. The Luxembourg move will enable conversion from American depositary shares to a direct Nasdaq listing, facilitating U.S. trading and potentially widening passive and active investor access.

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