Criteo doubles second quarter net income

Criteo doubles second quarter net income

US-based performance marketing technology company Criteo saw second quarter net income double to $4 million over the same period last year.

Revenue during the period increased by 64% to €271 million, compared with €165 million.

The company said it expected adjusted full year earnings [EBITDA] to be between €120 million and €127 million against $22 million in the last three months.

It set a new record in client wins in the second quarter, adding more than 730.

Benoit Fouilland, chief financial officer, said: “We have successfully executed on our growth plans for seven quarters in a row and we will continue to invest in 2015 to maximise our growth potential.”

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