Criteo (CRTO) Tops Q1 EPS by 3c, Offers Guidance

Criteo (NASDAQ: CRTO) reported Q1 EPS of $0.46 compared to analyst estimate of $0.43. Revenue for the quarter came in at $210 million versus the consensus estimate of $204.55 million.

GUIDANCE:

Criteo sees Q2 2017 revenue of $209-213 million, versus the consensus of $211.1 million.

• We expect Adjusted EBITDA to be between $44 million and $48 million.

Fiscal Year 2017 Guidance:

• Revenue ex-TAC growth to be between 28% and 31% at constant currency.
• Adjusted EBITDA margin as a percentage of Revenue ex-TAC to increase between 0 basis points and 50 basis points.

For earnings history and earnings-related data on Criteo (CRTO) click here.

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