Criteo (NASDAQ: CRTO) reported Q4 EPS of $0.89, $0.16 better than the analyst estimate of $0.73. Revenue for the quarter came in at $670 million versus the consensus estimate of $260.28 million.

Revenue decreased 1% year-over-year, or increased 1% at constant currency1, to $670 million.
Revenue excluding Traffic Acquisition Costs, or Revenue ex-TAC2, decreased 2% year-over-year, or increased 0.1% at constant currency, to $272 million, or 41% of revenue.
Adjusted EBITDA2 decreased 13% year-over-year, or 12% at constant currency, to $105 million, or 39% of Revenue ex-TAC.
Cash flow from operating activities increased 8% year-over-year to $86 million.
Free Cash Flow2 was $40 million.
Net income decreased 20% year-over-year to $42 million.
Adjusted net income per diluted share2 decreased 31% year-over-year to $0.84.

GUIDANCE:

Criteo sees Q1 2019 revenue of $233-235 million, versus the consensus of $230.78 million.

First Quarter 2019 Guidance:

• We expect Revenue ex-TAC to be between $233 million and $235 million. This implies year-over-year growth of 1% to 2% at constant-currency.
• We expect Adjusted EBITDA to be between $59 million and $61 million.

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