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. reports developments around its commerce intelligence and digital advertising platform, which connects brands, agencies, retailers, publishers, and media owners through AI-driven campaign decisioning. Company news commonly covers Retail Media and Performance Media results, activated media spend, product updates such as Criteo GO, AI advertising integrations, and retail or commerce partnerships.
Updates also include earnings releases, conference presentations, share repurchase activity, and governance or capital-structure actions for the Nasdaq-traded ADR issuer.
Criteo S.A. (NASDAQ: CRTO) will announce its financial results for the second quarter ending June 30, 2022, on August 3, 2022. CEO Megan Clarken and CFO Sarah Glickman will lead a conference call at 8:00 AM ET to discuss the results, joined by Chief Product Officer Todd Parsons for a Q&A session. Investors can access the call using specified dial-in numbers. The event will also be available via live webcast on Criteo's investor relations website, ensuring transparency and accessibility for stakeholders.
Flowdesk has successfully raised $30 million from notable investors such as Eurazeo, Aglaé Ventures, and Coinbase, among others. Founded in 2020, Flowdesk specializes in crypto-asset trading solutions and market-making services, currently employing 35 people. As a pioneer in its field, Flowdesk has registered with the AMF to comply with strict regulations. The company plans to expand its team to 100 and enhance its trading infrastructure to meet increasing demand, particularly in Europe, Asia, and North America.
Criteo S.A. (NASDAQ: CRTO) announces a favorable ruling from the French Competition Authority, reinstating its partnership with Meta following a complaint initiated in September 2019. As a result, Criteo regains its ad buying capabilities on Facebook and Instagram, ensuring fair competition. The decision includes commitments from Meta to re-establish Criteo's partner status and allow access to the bidding API. This aims to create a level playing field in the industry and prevent self-preferencing by Meta. Criteo expresses optimism about collaborating with Meta to enhance ad inventory for clients.
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.