Criteo Reduces 2019 Forecast But Brushes Off Potential Chrome Changes

Stock price drops despite CEO claiming to work 'hand-in-hand with Google' on privacy

Criteo is attempting to reduce its reliance on ad retargeting services to generate revenue. Criteo

Criteo posted overall revenues Tuesday of $588 million for the opening quarter of the year, representing a 3% year-over-year increase, although “identified execution issues” led the company to downgrade its earlier predicted 2019 outlook and investors have been spooked.

@ronan_shields Ronan Shields is Adweek's programmatic editor.