Criteo Reports Strong Results For The Third Quarter 2017 And Increases Adjusted EBITDA Margin Guidance For Fiscal Year 2017

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Criteo S.A. (CRTO) PT Lowered to $43 at Susquehanna; Remains Sidelined

November 1, 2017 1:46 PM EDT

Susquehanna lowered its price target on Criteo S.A. (NASDAQ: CRTO) to $43.00 (from $50.00) while maintaining a Neutral rating following the company's 3Q.

Susquehanna remains Neutral given concerns around technology and regulatory risks, decelerating same-client-spend growth, and more limited visibility into core business trends.

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Criteo (CRTO) Tops Q3 EPS by 8c; Guides Q4 Revs Below Street

November 1, 2017 7:08 AM EDT

Criteo (NASDAQ: CRTO) reported Q3 EPS of $0.65, $0.08 better than the analyst estimate of $0.57. Revenue ex-TAC for the quarter came in at $230.12 million versus the consensus estimate of $230.12 million.

GUIDANCE:

Q4

Criteo sees Q4 2017 revenue ex-TAC of $260-263 million, versus... More