Best Idea Criteo Reports Strong Third-Quarter Numbers; Modest Upside Remains; Fair Value Intact
Criteo reported strong third-quarter results with the top and bottom lines coming in ahead of expectations. Management also provided fourth-quarter and full-year guidance above our estimates and consensus. Revenue growth was indicative of the continuing strong demand for digital retargeting ads by retailers. In addition, the higher-than-expected take rates demonstrated that the potential impact of header bidding may have been slightly exaggerated. We most likely will adjust our post-2016 project...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
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