Criteo SA (NASDAQ: CRTO) shares jumped 5.36% in pre-market trading on Wednesday following the release of its impressive third-quarter 2025 financial results. The advertising technology company reported earnings that significantly exceeded analyst expectations and raised its full-year outlook, fueling investor optimism.

Criteo's quarterly earnings per share came in at $1.31, surpassing the analyst consensus estimate of $0.93 by 40.26%. This represents a substantial 36.46% increase from the $0.96 per share reported in the same period last year. The company's quarterly sales also beat expectations, reaching $288.134 million, 2.35% above the estimated $281.508 million and marking an 8.28% year-over-year growth.

The strong performance was underpinned by robust growth across key metrics. Criteo's media spend reached $4.3 billion over the last 12 months, with $1.0 billion spent in Q3 alone, representing a 4% year-over-year increase at constant currency. Performance Media Contribution ex-TAC rose 5% year-over-year, while Retail Media Contribution ex-TAC grew by an impressive 11%. In light of these results, Criteo raised its full-year 2025 Adjusted EBITDA margin outlook to approximately 34% of Contribution ex-TAC, up from its previous guidance of 33% to 34%. The company now expects Contribution ex-TAC to grow by 3% to 4% at constant currency for the fiscal year, further boosting investor confidence in its growth trajectory.