NEW YORK, July 18, 2024 /PRNewswire/ -- Criteo S.A. (NASDAQ: CRTO), the Commerce Media company, will announce its financial results for the second quarter ended June 30, 2024, on Thursday, August 1, 2024. • United States: +1 800 836 8184 •International: +1 646 357 8785 • France: 080-094-5120 Criteo (NASDAQ: CRTO) is the global commerce media company that enables marketers and media owners to drive better commerce outcomes. Its industry leading Commerce Media Platform connects thousands of marketers and medi ...

This collaboration would expand the companies' longstanding relationship and is expected to bring new revenue to Criteo's retail media network partners. In turn, it would empower Microsoft Advertising's 500,000+ active advertiser clients that operate across 187 global markets to achieve stronger, measurable performance for their campaigns within a singular, unified platform. For more information on Criteo's retail media solutions and its retail media ecosystem, click here. NEW YORK, July 11, 2024 /PRNewswir ...

Criteo's demand-side advertising offering will drive omnichannel advertising for one of America's largest retailers and its brand partners NEW YORK, May 31, 2024 /PRNewswire/ -- Criteo (Nasdaq: CRTO), the commerce media company, today announced a new partnership with Dollar General Media Network (DGMN), the retail media arm of retail giant Dollar General (NYSE: DG). The partnership supports Dollar General's onsite sponsored ad offerings, with plans to extend access to newer ad formats later this year. Crite ...

Daniel Grizelj/DigitalVision via Getty Images Investment Thesis Criteo (NASDAQ:CRTO) is showing strong momentum in its transition into a fast-growing adtech software provider. Upgraded management guidance for 2024 revenue and EBITDA has resulted in a 16% return since our last article three months ago, on February 15th 2024. However, Criteo's EBITDA multiple has remained largely flat. We believe this indicates that the market is still pricing Criteo on this year's metrics, and not giving due credit to its lo ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Let's take a look at what these Wall Street heavyweights have to say about Criteo S.A. (CRTO) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Criteo currently has an average brokera ...

NEW YORK, May 6, 2024 /PRNewswire/ -- Criteo S.A. (NASDAQ: CRTO), the Commerce Media company, today announced that Megan Clarken, CEO, and Sarah Glickman, CFO, will present at the 52nd Annual J.P. Morgan Global Technology, Media and Communications Conference on Monday, May 20, 2024, at 11:20 AM Eastern Time.A live audio webcast of the presentation will be available on the Company's investor relations website at https://criteo.investorroom.com/. A replay of the presentation will subsequently be available.Abo ...

(Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 for the quarterly period ended March 31, 2024 or Washington, D.C. 20549 FORM 10-Q UNITED STATES SECURITIES AND EXCHANGE COMMISSION ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 for the transition period from _________ to _________ Commission file number: 001-36153 Criteo S.A. (Exact name of registrant as specified in its charter) | France | | | Not Applicable | | ...

Financial Data and Key Metrics Changes - Revenue for Q1 2024 was $450 million, with Contribution ex-TAC increasing to $254 million, reflecting a year-over-year growth of 17% at constant currency [64][99] - Adjusted diluted EPS was $0.80, up 60% year-over-year, indicating strong financial performance [48][52] - Adjusted EBITDA was $71 million, up 83% year-over-year, driven by operational leverage and cost discipline [97] Business Line Data and Key Metrics Changes - Retail Media segment revenue was $51 million, with Contribution ex-TAC growing 34% at constant currency to $50 million, primarily driven by the US, Germany, and the UK [65][66] - Performance Media revenue was $399 million, with Contribution ex-TAC at $204 million, up 13% at constant currency, and Commerce Audiences Targeting grew 54% year-over-year [6][64] Market Data and Key Metrics Changes - The company added over 100 new brands in Q1, with agency spend reaching about $100 million for the first time, indicating strong market traction [55][66] - Retail Media is expected to continue gaining market share, with 38% year-over-year growth in activated media spend [53] Company Strategy and Development Direction - The company is focused on transforming into a commerce media powerhouse, leveraging AI-driven performance and expanding its Retail Media presence [33][40] - The strategy includes investing in high-ROI organic investments and value-enhancing acquisitions while returning capital to shareholders through a share buyback program [68][99] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's strategy and business model, anticipating continued success and strong performance in Retail Media [11][33] - The delay in cookie deprecation is seen as an opportunity to enhance performance and develop innovative solutions [42][76] Other Important Information - The company plans to repurchase $150 million of stock in 2024, with $62 million already deployed in Q1 [8] - The company has a robust balance sheet with $805 million in total liquidity, providing significant financial flexibility [98] Q&A Session Summary Question: How is cookie deprecation impacting annual guidance? - Management indicated that the delay in cookie deprecation provides an opportunity to enhance performance and develop innovative solutions, with an estimated impact of about $35 million for 2024 [14][76] Question: What is the outlook for retargeting growth? - Management noted that retargeting remains a resilient tactic, with growth driven by AI enhancements and partnerships, and expects continued performance without significant impact from signal loss [75][80] Question: What are the competitive dynamics in Retail Media? - Management highlighted a fragmented competitive environment, with the company moving ahead of smaller players and focusing on serving existing clients to attract more market share [88][120] Question: How is the agency channel performing? - Management reported strong traction in the agency channel, with significant growth in agency spend and partnerships, indicating a positive trend for Retail Media [114][126]

Criteo S.A. (CRTO) reported $253.89 million in revenue for the quarter ended March 2024, representing a year-over-year increase of 15.1%. EPS of $0.80 for the same period compares to $0.46 a year ago.The reported revenue represents a surprise of +3.17% over the Zacks Consensus Estimate of $246.1 million. With the consensus EPS estimate being $0.61, the EPS surprise was +31.15%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determi ...

| --- | --- | --- | |-------|--------------------------------|------------| | 2024 | March 31, \n2023 | YoY Change | | | (in millions, except EPS data) | | | $450 | $445 | 1% | | $217 | $182 | 20% | | $9 | $(12) | 171% | | 48% | 41% | 7 ppt | | $0.12 | $(0.21) | 157% | | $14 | $42 | (67)% | | $267 | $306 | (13)% | | | | | | $254 | $221 | 15% | | $71 | $39 | 83% | | $0.80 | $0.50 | 60% | | $1 | $9 | (91)% | | 1% | 23% | (22) ppt | Operating Highlights • We nominated Ernst Teunissen for election to the Board ...