Criteo (CRTO) Reports 3Q Results; Evercore ISI Cuts Price Target to $35
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Criteo - Q3 2015 Results
November 4, 2015 9:06 AM ESTNEW YORK, November 4, 2015 /PRNewswire/ --
Criteo, a global performance marketing technology company, reports results for the third quarter of 2015. CFO Benoît Fouilland comments on results and priorities for the rest of the year.
Watch video interview and read... More
Criteo Reports Record Results For The Third Quarter 2015 And Reiterates Its Full-Year 2015 Outlook Despite Negative Foreign Exchange Impacts
November 4, 2015 7:00 AM ESTNEW YORK, Nov. 4, 2015 /PRNewswire/ --Â Criteo S.A. (NASDAQ: CRTO), the performance marketing technology company, today announced financial results for the third quarter ended September 30, 2015.
Revenue in the third quarter 2015 increased 54% (or 46% at constant currency1) to 299 million, compared with 194 million in the third quarter 2014. Revenue excluding Traffic Acquisition Costs, or Revenue ex-TAC, in the third quarter 2015 grew 55% (or 47% at constant currency) to 120 million, compared with 78 million in the third quarter 2014. Net income in the third quarter 2015 was 5 million, compared with 11 million in the third quarter 2014. Adjusted... More