Report
Ali Mogharabi
EUR 98.48 For Business Accounts Only

Criteo Reports Mixed 1Q Results, Provides In-Line Guidance; Maintaining $51 FVE

Criteo easily beat our first-quarter revenue estimate but came in short of our operating margin and operating income projections as a result of additional costs related to the integration of HookLogic, which now makes up Criteo’s sponsored products offering. Top-line growth was driven by an increase in clients and the contribution of additional revenue from sponsored products. Management’s second-quarter and updated full-year guidance was in line with our estimates. In our view, Criteo’s growing...
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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