Benzinga | Aug 4, 2021 07:10AM EDT

Criteo Sees Q3 Revenue ex-TAC $202M-$205M vs $199.57M Est.

Business Outlook

The following forward-looking statements reflect Criteo's expectations as of August 4, 2021.

Fiscal year 2021 guidance:

* We raise our Revenue ex-TAC growth outlook to between +6% and +8% at constant-currency.

* We raise our expectation of our Adjusted EBITDA margin to approximately 32% of Revenue ex-TAC.

Third quarter 2021 guidance:

* We expect Revenue ex-TAC between $202 million and $205 million, translating into constant-currency growth between +8% and +9% year-over-year.

* We expect Adjusted EBITDA between $47 million and $50 million.