Criteo (CRTO) Tops Q1 EPS by 9c

Criteo (NASDAQ: CRTO) reported Q1 EPS of $0.43, $0.09 better than the analyst estimate of $0.34. Revenue ex-TAC for the quarter came in at $162 million versus the consensus estimate of $157.06 million.

"We are making advertising accountable to performance metrics through innovation and technology," said Eric Eichmann, CEO. "2016 is off to a strong start and our pipeline of exciting new products will continue to fuel high growth."

"We delivered fast growth and increased profitability," said Benoit Fouilland, Chief Financial Officer. "This combination remains a unique feature of our business model."

GUIDANCE:

Criteo sees Q2 2016 revenue of $158-162 million ex-TAC, versus the consensus of $161.1 million.

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

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