Criteo S.A. (CRTO) Tops Q4 EPS by 17c, Revenues Beat; Offers Q1 Revenue Guidance Below Consensus
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Criteo Reports Results For The Fourth Quarter And Fiscal Year 2019
February 11, 2020 7:00 AM ESTNEW YORK, Feb. 11, 2020 /PRNewswire/ -- Criteo S.A. (NASDAQ: CRTO), the global technology company powering the world's marketers with trusted and impactful advertising, today announced financial results for the fourth quarter and fiscal year ended December 31, 2019.
Q4 2019
Revenue decreased 3% year-over-year, or 2% at constant currency1, to $653 million. Revenue excluding Traffic Acquisition Costs, or Revenue ex-TAC2, decreased 2% year-over-year, or 1% at constant currency, to $266 million, representing 41% of revenue. Net income decreased 2% year-over-year to $41 million, representing 6% of revenue. Adjusted EBITDA2 increased 5% to $109 million, representing 41% of Revenue ex-TAC.... More