Criteo (CRTO) Tops Q4 EPS by 16c, Revenues Beat; Offers Q1 Revenue Guidance Above Consensus
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Criteo Reports Financial Results For The Fourth Quarter And Fiscal Year 2018
February 13, 2019 7:01 AM ESTNEW YORK, Feb. 13, 2019 /PRNewswire/ -- Criteo S.A. (NASDAQ: CRTO), the advertising platform for the open Internet, today announced financial results for the fourth quarter and fiscal year ended December 31, 2018.
Q4 2018
Revenue decreased 1% year-over-year, or increased 1% at constant currency1, to $670 million. Revenue excluding Traffic Acquisition Costs, or Revenue ex-TAC2, decreased 2% year-over-year, or increased 0.1% at constant currency, to $272 million, or 41% of revenue. Adjusted EBITDA2 decreased 13% year-over-year, or 12% at constant currency, to $105 million, or 39% of Revenue ex-TAC. Cash flow from operating activities increased 8% year-over-year to $86... More