Criteo Stock Price, News & Analysis

LiveRamp reported a strong Q4 with total revenue of $142 million, up 19% year-over-year, and subscription revenue of $116 million, increasing 22%. The GAAP gross margin was 72%, while the non-GAAP gross margin reached 76%. For the fiscal year, total revenue was $529 million, also up 19%, with operating cash flow of $78 million. LiveRamp plans to repurchase $150 million in stock by Q3 FY2023, underscoring confidence in its cash flow. The company anticipates Q1 FY2023 revenue of approximately $139 million and FY2023 revenue between $608 million and $625 million.

EasyVista announces the full transition of Patrice Barbedette as Global CEO, marking a new phase of growth following 30% revenue growth in 2021. EasyVista aims to double its revenue by 2025, leveraging strategic acquisitions and an expanded leadership team. The company has successfully increased its customer base to over 3,200 and completed acquisitions of Goverlan and ServiceNav. Barbedette, along with newly appointed CTO Michael Cohen and CFO Pauline Caillard, will focus on enhancing innovation and customer experience while continuing to attract new talent.

Criteo S.A. (NASDAQ: CRTO) reported Q1 2022 results showing revenue of $511 million, a 6% drop from Q1 2021, while gross profit increased by 3% to $184 million. Net income fell 9% to $21 million, with diluted EPS at $0.32. Adjusted EBITDA decreased 17% to $63 million, but free cash flow rose 9% to $69 million. Retail Media achieved a 48% growth in contribution ex-TAC year-over-year. Criteo ended the quarter with $589 million in cash and cash equivalents, and total financial liquidity of approximately $1 billion. The company continues to invest in its Commerce Media Platform.

Criteo S.A. (NASDAQ: CRTO) has published its 2021 Corporate Social Responsibility Report. The report highlights the company's efforts in promoting Diversity, Equity, and Inclusion (DEI), achieving full pay parity, and signing an LGBTQIA+ charter. Criteo also aims to reduce its environmental footprint by utilizing decarbonized energy sources in data centers. Additionally, the company is aligning its practices with the UN Sustainable Development Goals and enhancing its transparency in ESG disclosures.

Criteo S.A. (NASDAQ: CRTO) will announce its financial results for the first quarter ended March 31, 2022, on May 4, 2022. The announcement will be followed by a conference call featuring CEO Megan Clarken, Chief Product Officer Todd Parsons, and CFO Sarah Glickman at 8:00 AM ET. To participate, dial +1 855 209 8212 in the U.S. or +1 412 317 0788 internationally. The call will also be broadcast live on Criteo's website for replay.

Criteo S.A. (NASDAQ: CRTO), a leading global technology company, announced that Todd Parsons, Chief Product Officer, will present at the BMO Digital Advertising Summit on March 2, 2022, at 9:00 AM Eastern Time. A live audio webcast will be available on the company’s investor relations website, with a replay accessible after the event. Criteo partners with over 22,000 marketers and thousands of media owners, utilizing the largest set of commerce data to enhance advertising experiences and drive commerce outcomes. For more details, visit www.criteo.com.

Criteo S.A. (NASDAQ: CRTO) announced that CEO Megan Clarken and CFO Sarah Glickman will present at the Morgan Stanley Technology, Media & Telecom Conference on March 10, 2022, at 11:00 AM Eastern Time. A live audio webcast of the presentation will be available on the Company’s investor relations website, with a replay accessible afterward. Criteo is a global technology company providing a leading Commerce Media Platform, partnering with over 22,000 marketers globally to enhance commerce outcomes.

Criteo (NASDAQ: CRTO) announced a partnership with Michaels, North America's largest arts and crafts retailer, to enhance retail media advertising. This collaboration allows brands and agencies within Criteo's ecosystem to engage Michaels' vast customer base, improving product discovery through non-intrusive ads. The partnership supports Michaels' digital transformation with solutions like sponsored products and display ads, aimed at unlocking new revenue streams. The deal positions Criteo strategically to expand its reach within the retail sector, leveraging its comprehensive retail media platform.

Onfido, a leader in identity verification, reported impressive growth for 2021, achieving over $100 million in revenue, a 90% year-over-year increase. The company also reached 150 million digital identity checks. In response to rising demand, Onfido expanded its workforce by 50% to 600 employees and enhanced its services with new AI-powered features. Major clients added include Volkswagen Financial Services, DBS Bank, and Orange. With a projected growth in identity verification checks to 3.8 billion by 2026, Onfido is positioned for continued success.