Criteo S.A. (CRTO) Posts Q2 EPS of EUR0.04; Raises Outlook

Criteo S.A. (NASDAQ: CRTO) reported Q2 EPS of EUR0.04, versus (EUR0.11) last year. Revenue for the quarter ex-TAC came in at EUR67 million versus the consensus estimate of EUR40 million.

"We delivered another record quarter exceeding our expectations, driven by focused execution across the business in all regions" said JB Rudelle, Criteo's co-founder and CEO. "We are very pleased by the success of our significant technology enhancements and the broadening of our client base across geographies."

Business Outlook

The following forward-looking statements reflect Criteo's expectations as of August 5, 2014.

Third Quarter 2014 Guidance:

• Revenue ex-TAC for the third quarter ending September 30, 2014 is expected to be between €71 million and €73 million.
• Adjusted EBITDA for the third quarter ending September 30, 2014 is expected to be between €10.5 million and €12.5 million.

Fiscal Year 2014 Guidance:

• The Company is increasing its Revenue ex-TAC outlook for the fiscal year ending December 31, 2014, now expected to be between €280 million and €284 million.
• The Company is increasing its Adjusted EBITDA outlook for the fiscal year ending December 31, 2014, now expected to be between €55.5 million and €59.5 million.

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

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