Criteo S.A. (CRTO) Tops Q3 EPS by 13c; offers outlook

Criteo S.A. (NASDAQ: CRTO) reported Q3 EPS of $0.96, $0.13 better than the analyst estimate of $0.83. Revenue for the quarter came in at $459 million versus the consensus estimate of $267.01 million.

OUTLOOK

2024 Business Outlook

The following forward-looking statements reflect Criteo\'s expectations as of October 30, 2024.

Fiscal year 2024 guidance:

We now expect Contribution ex-TAC to grow +10% to 11% at constant currency.
We now expect an Adjusted EBITDA margin of approximately 32% to 33% of Contribution ex-TAC.

Fourth quarter 2024 guidance:

We expect Contribution ex-TAC between $327 million and $333 million, or year-over-year growth at constant-currency of +3% to +5%.
We expect Adjusted EBITDA between $114 million and $120 million.

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

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