Criteo S.A. (CRTO) Tops Q3 EPS by 13c; offers outlook
Criteo S.A. (NASDAQ: CRTO) reported Q3 EPS of $0.96, $0.13 better than the analyst estimate of $0.83. Revenue for the quarter came in at $459 million versus the consensus estimate of $267.01 million.
OUTLOOK
2024 Business Outlook
The following forward-looking statements reflect Criteo\'s expectations as of October 30, 2024.
Fiscal year 2024 guidance:
We now expect Contribution ex-TAC to grow +10% to 11% at constant currency.
We now expect an Adjusted EBITDA margin of approximately 32% to 33% of Contribution ex-TAC.
Fourth quarter 2024 guidance:
We expect Contribution ex-TAC between $327 million and $333 million, or year-over-year growth at constant-currency of +3% to +5%.
We expect Adjusted EBITDA between $114 million and $120 million.
For earnings history and earnings-related data on Criteo S.A. (CRTO) click here.
