.....Criteo, a technology company that enables e-commerce companies to leverage large volumes of granular data to engage and convert their customers, is one of the latest entrants in the public ad-tech scene. Unlike FUEL and YUME, CRTO shares rose and have mostly held steady after the company closed their IPO with a price at $31 per share this past November, with CRTO hovering around $35 since then. On the other hand, like Rocket Fuel and YuMe, Criteo also demonstrated some solid performance indicators when comparing its Q3 2012 results with its November Q3 2013 results, its client base grew 62% to 4,631, sales rose 57.8% to $153.13 million and adjusted net income improved 97.2% to $6.59 million. What's more, the company added 5 additional markets last quarter, raising their number of geographic markets worldwide to 42.
Criteo's 25-day quiet period for underwriter research reports was completed last month and the company's underwriters, including J.P. Morgan, Deutsche Bank and Jefferies & Co. are expected to release positive research reports that could, along with solid year end results, boost CRTO share price past the mid $30 range we've seen for the past month. In a recent interview with the Street.com, Jean-Baptiste Rudelle, CEO of Criteo, talked about the holiday season having a substantial impact on the company's upcoming numbers, stating, "During Cyber Monday, you know, we can grow by a factor of two or three for the amount of volume for a given client". Given Criteo's expanding client base, this is certainly a factor for investors to consider.....
seekingalpha.com/article/...y-stage-of-excitement?source=yahoo