Criteo (CRTO) Tops Q4 EPS by 16c, Guides Q1 Revs Below the Street
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Criteo Reports Strong Results For The Fourth Quarter And Fiscal Year 2016
February 22, 2017 7:00 AM ESTNEW YORK, Feb. 22, 2017 /PRNewswire/ -- Criteo S.A. (NASDAQ: CRTO), the performance marketing technology company, today announced financial results for the fourth quarter and fiscal year ended December 31, 2016.
Q4 revenue increased 43%, or 43% at constant currency,1 to $567 million. Fiscal year revenue increased 36%, or 36% at constant currency, to $1,799 million. Â Q4 revenue excluding traffic acquisition costs, or Revenue ex-TAC,2 grew 41%, or 41% at constant currency, to $225 million. Excluding Criteo Sponsored Products, formerly HookLogic,3 Q4 Revenue ex-TAC grew 33%, or 33% at constant currency, to $213 million, or 41% of revenue. Fiscal year Revenue... More