Criteo (CRTO) Pops Higher on Q3 Results, Raised Outlook

Criteo (NASDAQ: CRTO) is ripping higher on results Wednesday.

After markets closed yesterday, Criteo reported Q3 EPS of €0.18, versus €0.05 reported last year. Revenue for the quarter came in at €194.4 million, versus €113.8 million reported last year.

The following forward-looking statements reflect Criteo's expectations as of November 4, 2014.

Fourth Quarter 2014 Guidance:

• Revenue ex-TAC for the fourth quarter ending December 31, 2014 is expected to be between €89 million and €91 million.
• Adjusted EBITDA for the fourth quarter ending December 31, 2014 is expected to be between €27 million and €29 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 €296 million and €298 million.
• The Company is increasing its Adjusted EBITDA outlook for the fiscal year ending December 31, 2014, now expected to be between €74.6 million and €76.6 million.

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

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