Welcome to our dedicated page for Criteo news (Ticker: CRTO), a resource for investors and traders seeking the latest updates and insights on Criteo stock.
Criteo S.A. (NASDAQ: CRTO) is a software publisher and ad-tech company that describes itself as the global platform connecting the commerce ecosystem for brands, agencies, retailers, and media owners. Its AI-powered advertising platform operates in the digital advertising and commerce media space, with access to more than $1 trillion in annual commerce sales data that supports personalized and performance-driven campaigns.
This news page aggregates company announcements, partner releases, and market updates related to Criteo. Readers can follow developments such as the company’s intention to transfer its legal domicile from France to Luxembourg via a cross-border conversion, plans to replace its American Depositary Shares structure with ordinary shares directly listed on Nasdaq, and subsequent communications about shareholder meetings and regulatory steps connected to that process.
News coverage also includes financial results and outlook, where Criteo reports quarterly performance, discusses metrics like Contribution ex-TAC and Adjusted EBITDA, and provides commentary on its Retail Media and Performance Media segments. Operational updates may highlight media spend trends, changes in operating expenses, and capital allocation decisions such as share repurchases.
In addition, this page captures strategic partnerships and leadership changes. Examples include multi-year collaborations, such as Criteo’s partnership with DoorDash to scale advertising across DoorDash’s marketplace, and technology integrations like being named Google’s first onsite retail media partner for Search Ads 360. Leadership and organizational updates, including senior executive appointments and promotions, are also reflected in the news flow.
Investors, analysts, and industry observers can use this page to monitor how Criteo evolves its AI-powered advertising platform, expands its retail media network, and progresses through its announced redomiciliation plans. Regular visits provide a consolidated view of Criteo’s official press releases and related third-party announcements.
Criteo S.A. (NASDAQ: CRTO) is set to announce its fourth quarter and fiscal year results on February 8, 2023. The report will cover performance up to December 31, 2022. Key executives, including Megan Clarken (CEO) and Sarah Glickman (CFO), will host a conference call at 8:00 AM ET to discuss the results. Investors can participate using dedicated dial-in numbers for the US and international callers. The call will also be available via webcast on Criteo's website, ensuring accessibility for stakeholders.
This financial report aims to provide insight into the company's recent performance, aiding investors in their decision-making processes.
Lowe's announced the in-house management of its One Roof Media Network's advertising sales and operations, starting January 31, 2023. This strategic move aims to enhance the customer experience for brand advertisers, improving engagement and ROI. The company has invested in new ad tech and streamlined partnerships, allowing better access to first-party data and faster campaign execution. Serving over 200 clients, Lowe's media network has shown success, with some advertisers achieving returns exceeding double that of industry averages.
Criteo (NASDAQ: CRTO) and Magnite (NASDAQ: MGNI) have formed a preferred relationship to enhance Criteo's retailer partners' capabilities in Connected TV (CTV) advertising. This collaboration enables retailers to extend their audiences into CTV, providing closed-loop measurement for brand partners. With projected growth rates of 27.2% for CTV and 20.5% for retail media, the partnership aims to drive revenue for retailers. Criteo's Commerce Max platform, designed for enterprise brands, will integrate Magnite's CTV expertise, enhancing advertising effectiveness.
Criteo S.A. (NASDAQ: CRTO) announced an extension of its share repurchase program, increasing the authorization from $280 million to $480 million. CEO Megan Clarken highlighted this move as a demonstration of the company's confidence in its business strategy and its commitment to enhance shareholder value. The repurchased shares will be used to meet employee equity obligations, limiting dilution for shareholders, and potentially fund future acquisitions. Purchases will depend on market conditions and are subject to regulatory compliance.
Criteo S.A. (NASDAQ: CRTO) announced its participation at the UBS Global TMT Conference, scheduled for December 6, 2022, at 3:00 PM Eastern Time. CEO Megan Clarken and CFO Sarah Glickman will present, with a live audio webcast accessible on the company's investor relations website. A replay will be available post-event. Criteo focuses on connecting marketers and media owners to enhance commerce outcomes through its advanced Commerce Media Platform.
Pelico, a factory operations SaaS platform, has raised
LiveRamp reported Q2 fiscal 2023 revenue of $147 million, up 16%, with subscription revenue at $120 million, rising 14%. The GAAP operating loss was $29 million compared to $6 million last year. Non-GAAP operating income improved to $17 million. Share repurchases totaled $100 million this fiscal year. The company raised its fiscal 2023 revenue guidance to between $595 million and $600 million, reflecting a 13% increase year-over-year. The non-GAAP operating income guidance is now $60 million.
Contentsquare has announced three significant new appointments aimed at enhancing its IT organization and social impact initiatives. Martin Decrême joins as Chief Information Officer to implement a Business Intelligence program, while Judicaël Phan becomes VP of Digital Trust and Global Data Protection Officer, focusing on privacy and ethics. Emily Bove is appointed VP of Philanthropy to lead the company's social impact efforts. These roles are pivotal for Contentsquare’s mission to deepen customer trust and extend its impact in digital analytics.
Criteo S.A. (NASDAQ: CRTO) outlined its long-term growth strategy and 2025 financial outlook during the Investor Day on Oct. 31, 2022. The company targets to triple its Retail Media business in the next three years. CEO Megan Clarken emphasized their differentiating technology and integrated solutions. Key topics included progress in transforming from a retargeting business to a multi-product platform, a renewed client-centric approach, and growth drivers in retail media. A live webcast of the event is available for replay on their investor site.
Criteo (NASDAQ: CRTO) announced its Q3 2022 financial results, reporting a 12% year-over-year revenue decline to $447 million. Despite this, gross profit increased by 2% to $180 million, resulting in a gross profit margin of 40%. Net income fell 73% to $7 million, marking $0.10 per share. Adjusted EBITDA decreased by 27% to $50 million. The company's acquisition of Iponweb, completed in August 2022, is part of its strategic focus on enhancing product offerings and client integration.