Criteo (CRTO) Tops Q4 EPS by 16c, Guides Q1 Revs Below the Street
Criteo (NASDAQ: CRTO) reported Q4 EPS of $0.84, $0.16 better than the analyst estimate of $0.68. Revenue for the quarter came in at $225 million versus the consensus estimate of $210.34 million.
GUIDANCE:
Criteo sees Q1 2017 revenue of $200-205 million, versus the consensus of $213.21 million.
First Quarter 2017 Guidance:
- We expect Revenue ex-TAC to be between $200 million and $205 million. At the foreign exchange rates provided in connection with our Q4 2016 guidance, this would equate to Revenue ex-TAC between $208 million and $213 million.
- We expect Adjusted EBITDA to be between $47 million and $52 million. At the foreign exchange rates provided in connection with our Q4 2016 guidance this would equate to Adjusted EBITDA between $51 million and $56 million.
Fiscal Year 2017 Guidance:
- We expect Revenue ex-TAC growth to be between 27% and 31% at constant currency.
- We expect Adjusted EBITDA margin as a percentage of Revenue ex-TAC to increase between 0 basis point and 50 basis points.
For earnings history and earnings-related data on Criteo (CRTO) click here.
