Report
Ali Mogharabi
EUR 101.80 For Business Accounts Only

Criteo Ends a Tumultuous 2017 With Strong 4Q Results and Expects Growth in 2018; Raising FVE to $37

Criteo ended 2017 with fourth quarter top and bottom lines coming in better than our expectations and consensus. Based on the firm’s 2018 guidance, the impact of Apple’s Intelligent Tracking Prevention, or ITP, appears to be not as significant as we initially thought. While we certainly applaud the firm’s handling of the ITP issue, along with the progress it is making in tracking user behavior across apps, we continue to believe ITP is curtailing Criteo’s ability to capture enough user data--pos...
Underlying
CRITEO S.A

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Ali Mogharabi

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