CRTO - Criteo S.A. Non-GAAP EPS of $0.58 beats by $0.15 revenue of $215M misses by $4.24M

• Criteo S.A. press release ( NASDAQ: CRTO ): Q2 Non-GAAP EPS of $0.58 beats by $0.15 .
• Revenue of $215M (-2.3% Y/Y) misses by $4.24M .

• Third quarter 2022 guidance:

• We expect Contribution ex-TAC between $223 million and $229 million vs consensus of $225.13M, or year-over-year growth at constant-currency of +12% to +15%, including the contribution from our IPONWEB acquisition.
• We expect Adjusted EBITDA between $48 million and $53 million.
• Fiscal year 2022 guidance:
• We now expect Contribution ex-TAC to grow by 11% to 14% at constant currency, including the contribution from our IPONWEB acquisition.
• We now to expect an Adjusted EBITDA margin of approximately 30% to 31% of Contribution ex-TAC and a Free Cash Flow conversion rate of about 45% of Adjusted EBITDA

For further details see: