Criteo raises full-year guidance on strong first quarter

Wednesday 6 May 2015 | 16:22 CET | News
French internet advertising company Criteo has raised its 2015 guidance after reporting a better than expected EUR 11.94 million of profit in the first quarter, compared to EUR 3.82 million a year earlier. Revenue increased 71 percent to EUR 262 million on EUR 153 million in the first quarter of 2014. Criteo added a record 640 net new clients in the quarter. Business in the Americas more than doubled at constant currency. Adjusted EBITDA grew 94 percent to EUR 28 million from EUR 15 million. As of March, 84 percent of Criteo's customer base was using its multi-screen solutions. The latest

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Categories: Internet / Mobile & Wireless
Companies: Criteo
Countries: France / World
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