Criteo (CRTO) Tops Q1 EPS by 14c, Offers Guidance
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Criteo Reports Record Results For The First Quarter 2018
May 2, 2018 7:00 AM EDTNEW YORK, May 2, 2018 /PRNewswire/ -- Criteo S.A. (NASDAQ: CRTO), the leading commerce marketing technology company, today announced financial results for the first quarter ended March 31, 2018.
Revenue increased 9% (or 3% at constant currency1) to $564Â million. Revenue excluding Traffic Acquisition Costs, or Revenue ex-TAC2, grew 14% (or 8% at constant currency) to $240Â million, or 42.6% of revenue. Adjusted EBITDA2 grew 38% (or 22% at constant currency) to $78Â million, or 32.4% of Revenue ex-TAC. Cash flow from operating activities increased 91% to $85Â million. Free Cash Flow2 increased 224% to $52Â million. Net income increased... More