Criteo (CRTO) is set to report its third-quarter 2024 results on Oct. 30.The Zacks Consensus Estimate for third-quarter earnings has been steady at 84 cents per share over the past 30 days, suggesting 18.31% growth from the figure reported in the year-ago quarter.The Zacks Consensus Estimate for third-quarter revenues is pegged at $266.83 million, indicating an increase of 8.73% from the figure reported in the year-ago quarter.Criteo’s earnings beat the Zacks Consensus Estimate in all the trailing four quar ...

Recognition supports Criteo's work to simplify and accelerate the global retail media ecosystemNEW YORK, Oct. 23, 2024 /PRNewswire/ -- Criteo (Nasdaq: CRTO), the commerce media company, today announced that it has been named a Leader in the IDC MarketScape: Worldwide Retail Media Network Service Providers 2024 Vendor Assessment [doc # US52574122, September 2024].Criteo was named a Leader among 13 service providers that enable the creation and management of retail media networks.Criteo currently partners wit ...

Partnership Overview - MobileFuse announces a strategic partnership with Criteo to enhance its retail media capabilities by integrating Criteo's Commerce Audiences into its platform [1] - The partnership aims to provide retail brands and advertisers with more effective audience discovery and engagement, driving conversions [1] Criteo's Commerce Audiences - Criteo's Commerce Audiences are built from real-time shopping signals, including site activity, ad engagement, browsing, and cart activity, to predict consumer buying behavior [2] - These audiences consist of high-intent users actively navigating ecommerce sites, enabling advertisers to connect with consumers at every stage of their buyer journey [2] MobileFuse's Capabilities - MobileFuse's SDK delivers higher fill rates, eCPM, CTR, and revenue compared to other oRTB solutions with similar bid request volumes [3] - The company supports alternative IDs like UID2 0 and RampID, and offers direct app integrations via its SDK, ensuring broader audience reach across premium mobile and CTV in-app supply [3] Industry Impact - The partnership leverages Criteo's Commerce Audiences, which represent trillions of consumer journeys across 700 million daily active users, to enhance campaign performance for advertisers [4] - As retail media grows in importance, MobileFuse is committed to providing solutions that help clients maximize ROI in existing and emerging channels [4] Company Background - MobileFuse is one of the largest in-app, CTV, and DOOH advertising platforms, serving leading brands, agencies, bidders, and app developers across various verticals [5] - The company combines moments-based targeting, patented location verification, custom creative, and data-driven insights to reach highly curated audiences [5] - Founded in 2009, MobileFuse is headquartered in New York City and achieved carbon negative status in 2022 [5]

NEW YORK, Oct. 16, 2024 /PRNewswire/ -- Criteo S.A. (NASDAQ: CRTO), the Commerce Media company, will announce its financial results for the third quarter ended September 30, 2024, on Wednesday, October 30, 2024. On that day, Megan Clarken, Chief Executive Officer, and Sarah Glickman, Chief Financial Officer, will host a conference call at 8:00 AM ET, 1:00 PM CET to discuss these results. They will be joined by Todd Parsons, Chief Product Officer, for the Q&A session. To access the conference call, please us ...

Core Insights - Criteo has partnered with Belk to launch the Belk Media Network, aimed at enhancing brand visibility and sales through effective customer targeting using first-party data [1] - The Retail Media industry is projected to grow to $231 billion by 2030, presenting significant opportunities for Criteo and the Belk Media Network [2] Company Developments - Criteo's Commerce Yield platform will allow brands to optimize monetization through access to inventory and datasets for real-time sponsored ad campaigns [3] - The company has expanded its platform adoption to 2,900 brands and 225 retailers, reaching over 700 million active users daily, competing with major players like Amazon, Meta Platforms, and Alphabet [4] - A recent two-year agreement with Selfridges aims to enhance customer engagement by connecting them with exclusive brands [5] Data and Market Position - Criteo's data assets provide insights into over $1 trillion in online sales for 2023, accounting for approximately 35% of global retail e-commerce sales, excluding China [6] - The partnership with Swiggy in India focuses on driving offsite media campaigns to connect high-intent customers through OTT platforms [6] Financial Guidance - For Q3 2024, Criteo expects Contribution ex-TAC to be between $264 million and $268 million, reflecting a year-over-year growth of 8% to 10% at constant currency, with adjusted EBITDA projected between $72 million and $76 million [7] - For the full year 2024, the company anticipates Contribution ex-TAC growth of 10% to 12% at constant currency, with an adjusted EBITDA margin of approximately 32% of Contribution ex-TAC [7]

Partnership will provide customers with a personalized omni-channel experience ahead of the holiday shopping season NEW YORK, Oct. 8, 2024 /PRNewswire/ -- Criteo (Nasdaq: CRTO), the commerce media company, today announced a partnership with Belk Inc., a privately-owned U.S. department store based in Charlotte, N.C., to launch its retail media arm, the Belk Media Network. The partnership offers national brands across the apparel, accessories, beauty and home categories the opportunity to increase awareness a ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Whi ...

NEW YORK, Aug. 26, 2024 /PRNewswire/ -- Criteo S.A. (NASDAQ: CRTO), the commerce media company, today announced that Chief Executive Officer Megan Clarken has informed the Board of Directors of her intention to retire within the next 12 months. To ensure a smooth transition, Clarken will continue to serve as CEO until her successor is named, at which time she will also step down from the Board. Clarken has also agreed to remain with Criteo in a senior advisor role providing services until any necessary tran ...

The Nasdaq has rebounded above 21-day and 50-day moving averages after Wall Street poured into stocks following the massive wave of selling to close out July and start August. Nvidia and other stocks have soared over 30% in less than two weeks. The bulls have cleared two key hurdles in the blink of an eye. The rapid comeback highlights that the bulls are in control as they look ahead to Fed rate cuts and strong corporate earnings. Therefore, investors want to remain exposed to the stock market heading into ...

Have you been paying attention to shares of Criteo S.A. (CRTO) ? Shares have been on the move with the stock up 9.1% over the past month. The stock hit a new 52-week high of $49.2 in the previous session. Criteo S.A. has gained 92.9% since the start of the year compared to the 23.5% move for the Zacks Computer and Technology sector and the 4.1% return for the Zacks Internet - Software and Services industry. What's Driving the Outperformance? The stock has an impressive record of positive earnings surprises, ...