Exhibit 99.1
logoq1a07.jpg


CRITEO REPORTS RESULTS FOR THE FIRST QUARTER 2019,
ADJUSTS 2019 GROWTH OUTLOOK
AND MAINTAINS OUTLOOK FOR 2019 PROFITABILITY MARGIN



NEW YORK - April 30, 2019 - Criteo S.A. (NASDAQ: CRTO), the advertising platform for the open Internet, today announced financial results for the first quarter ended March 31, 2019.

Revenue increased 3% at constant currency1 to $558 million.
Revenue excluding Traffic Acquisition Costs, or Revenue ex-TAC2, increased 2% at constant currency to $236 million, or 42.2% of revenue.
Adjusted EBITDA2 decreased 6% at constant currency to $69 million, or 29.2% of Revenue ex-TAC.
Cash flow from operating activities decreased 20% to $67 million.
Free Cash Flow2 decreased 16% to $44 million.
Net income increased 1% to $21 million.
Adjusted net income per diluted share2 was $0.60, in line with the prior year period.
Due to identified execution issues, we are taking a more modest approach to our 2019 growth outlook.
We maintain our 2019 outlook for Adjusted EBITDA margin, highlighting our commitment to profitability.


"While making progress on several priorities, we recognize 2019 is another transition year," said JB Rudelle, CEO. "We are working hard to accelerate our transformation."


"We maintain our Adjusted EBITDA margin outlook for 2019", said Benoit Fouilland, CFO. "This highlights our commitment to profitability."



Operating Highlights

Revenue ex-TAC from new products grew 74% year over year to 9% of total.
Customer Acquisition, Audience Match, Retail Media's transactional-Saas offering all grew triple digits.
Same-client Revenue ex-TAC3 decreased less than 1% at constant currency.
We maintained client retention at close to 90% for all products.
Revenue ex-TAC from mobile apps grew 32% year-over-year.
Our header-bidding technology now connects to over 3,700 publishers and 135 app developers.
We further enriched our client platform with new self-service tools, including analytics and an audience creation feature.
We took effective measures to drive employee attrition down.





___________________________________________________ 
1 Growth at constant currency excludes the impact of foreign currency fluctuations and is computed by applying the 2018 average exchange rates for the relevant period to 2019 figures.
2 Revenue ex-TAC, Adjusted EBITDA, Adjusted net Income per diluted share and Free Cash Flow are not measures calculated in accordance with U.S. GAAP.
3 Same-client Revenue ex-TAC is the Revenue ex-TAC generated by clients that were live with us in a given quarter and still live with us the same quarter in the following year.

1

The following information was filed by Criteo S.A. (CRTO) on Tuesday, April 30, 2019 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

View differences made from one quarter to another to evaluate Criteo S.A.'s financial trajectory

Compare SEC Filings Year-over-Year (YoY) and Quarter-over-Quarter (QoQ)
Sample 10-K Year-over-Year (YoY) Comparison

Compare this 10-Q Quarterly Report to its predecessor by reading our highlights to see what text and tables were  removed  ,   added    and   changed   by Criteo S.A..

Continue

Never Miss A New SEC Filing Again


Real-Time SEC Filing Notifications
Screenshot taken from Gmail for a new 10-K Annual Report
Last10K.com Member Feature

Receive an e-mail as soon as a company files an Annual Report, Quarterly Report or has new 8-K corporate news.

Continue

We Highlighted This SEC Filing For You


SEC Filing Sentiment Analysis - Bullish, Bearish, Neutral
Screenshot taken from Wynn's 2018 10-K Annual Report
Last10K.com Member Feature

Read positive and negative remarks made by management in their entirety without having to find them in a 10-K/Q.

Continue

Widen Your SEC Filing Reading Experience


Increased Reading Area for SEC Filings
Screenshot taken from Adobe Inc.'s 10-Q Quarterly Report
Last10K.com Member Feature

Remove data columns and navigations in order to see much more filing content and tables in one view

Continue

Uncover Actionable Information Inside SEC Filings


SEC Filing Disclosures
Screenshot taken from Lumber Liquidators 10-K Annual Report
Last10K.com Member Feature

Read both hidden opportunities and early signs of potential problems without having to find them in a 10-K/Q

Continue

FREE Adobe PDF, Microsoft Word and Excel Downloads


Download Annual and Quarterly Reports as PDF, Word and Excel Documents
Screenshots of actual 10-K and 10-Q SEC Filings in PDF, Word and Excel formats
Last10K.com Member Feature

Export Annual and Quarterly Reports to Adobe PDF, Microsoft Word and Excel for offline viewing, annotations and analysis

Continue for FREE

Log in with your credentials

or    

Forgot your details?

Create Account