Criteo (CRTO) Reports Q1 EPS of EUR0.18

Criteo (NASDAQ: CRTO) reported Q1 EPS of EUR0.18, versus EUR0.06 reported last year. Revenue for the quarter came in at EUR105 million, versus EUR63 million reported last year.

Adjusted Net Income for the first quarter 2015, or our net income adjusted to eliminate the impact of share-based compensation expense, amortization of acquisition-related intangible assets and acquisition-related deferred price consideration and the tax impact of these adjustments, was €18 million, representing a €11 million increase compared with €8 million in the first quarter 2014.

Business Outlook

The following forward-looking statements reflect Criteo's expectations as of May 5, 2015.

Second Quarter 2015 Guidance:

• Revenue ex-TAC for the second quarter ending June 30, 2015 is expected to be between €105 million and €107 million.
• Adjusted EBITDA for the second quarter ending June 30, 2015 is expected to be between €18 million and €21 million.

Fiscal Year 2015 Guidance:

• We increase our Revenue ex-TAC outlook for the fiscal year ending December 31, 2015 to between €454 million and €460 million.
• We increase our Adjusted EBITDA outlook for the fiscal year ending December 31, 2015 to between €120 million and €127 million.

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

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