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. (CRTO) is a global commerce media leader specializing in data-driven advertising solutions for retailers and brands. This page aggregates official company announcements, financial reports, and market-moving developments related to its ad-tech innovations and commerce media partnerships.
Investors and industry professionals will find curated updates on earnings releases, strategic collaborations, and technology advancements within Criteo's Retail Media and Performance Media segments. The repository serves as a definitive source for tracking the company's progress in personalized advertising, predictive analytics, and cross-channel campaign optimization.
Content highlights include notifications about new platform features, partnership expansions, and industry recognition across Criteo's global operations. All materials are sourced directly from company communications to ensure accuracy and timeliness for stakeholders monitoring the evolving digital advertising landscape.
Bookmark this page for streamlined access to CRTO's latest business milestones and operational updates. Check regularly for developments impacting commerce media strategies and performance marketing technologies.
Criteo S.A. (CRTO) announced strong Q2 2021 financial results, with revenue of $551 million, up 26% year-over-year. Net income surged 144% to $15 million, with diluted EPS increasing 156% to $0.23. Revenue ex-TAC also rose 22%, accounting for 40% of total revenue. Adjusted EBITDA climbed 73% to $67 million. Operating expenses grew 20%, reflecting investments in growth. However, cash flow from operations fell 21% to $26 million. Criteo acquired Mabaya, enhancing its Commerce Media Platform. The company ended the quarter with $490 million in cash and a solid liquidity position.
Criteo S.A. (NASDAQ: CRTO) will announce its financial results for Q2 2021 on August 4, 2021. CEO Megan Clarken and CFO Sarah Glickman will discuss the results during a conference call at 8:00 AM ET. Investors can access the call using the provided dial-in numbers or via a live webcast on Criteo's website. The company is a leader in providing a Commerce Media Platform and partners with over 20,000 marketers globally.
On July 15, 2021, Criteo (NASDAQ: CRTO) announced key appointments in its Product Innovation team. Joshua Koran joins as Executive Vice President, Data and Policy, bringing over 20 years of experience, including leadership at Zeta Global. He will drive strategic initiatives supporting privacy and innovation. Karsten Rieke is appointed Senior Director, Product Management for Identity and Privacy, with extensive experience leading cookie-less environment solutions. Together, they aim to enhance Criteo's product roadmap amidst regulatory challenges, fostering trust among stakeholders.
Criteo (NASDAQ: CRTO) announced the appointment of Nola Solomon as Senior Vice President, Go-to-Market. With over a decade of expertise in digital advertising, Solomon will lead Criteo's global strategy, aligning product development with customer needs. Previously at NBCUniversal Media, she has extensive experience in programmatic product and business strategy. This leadership change comes as Criteo aims to enhance its Commerce Media Platform with new targeting solutions, positioning the company for growth amidst evolving market demands.
Criteo (NASDAQ: CRTO) reported an 8% increase in U.S. in-store sales compared to pre-pandemic levels in May 2021. The company's Store Sales solution has enabled U.S. retailers to achieve an average 38% year-over-year sales increase. Criteo's omnichannel strategy utilizes first-party data to enhance personalized marketing efforts, driving better customer engagement and revenue. Tim Rogers, Senior VP, emphasized Criteo's role in revitalizing brick-and-mortar sales as the economy reopens. The company continues to innovate amidst pandemic-driven challenges.
Criteo (NASDAQ: CRTO) has signed a three-year partnership with Carrefour Group, marking Carrefour as the first European food retailer to utilize Criteo's programmatic platform for retail media. This partnership is part of Criteo's strategy to enhance its position in the Commerce Media sector. The collaboration will launch in nine countries, starting with France, allowing brands self-service access to customer targeting based on shopping behavior. This partnership aims to drive personalized consumer engagement and effective advertising solutions.
Criteo S.A. (NASDAQ: CRTO) announced a major rebranding on June 3, 2021, introducing a new logo and positioning statement: 'The Future is Wide Open.' This transformation aims to align with Criteo's evolving business strategy in the advertising sector, particularly in a cookie-less future. CEO Megan Clarken emphasized the company's commitment to innovation and a fair internet. The company held a virtual Investor Day to present its strategy, capabilities, and product roadmap, showcasing its commitment to enhancing consumer experiences through its Commerce Media Platform.
Criteo S.A. (NASDAQ: CRTO) will present at the Stifel 2021 Virtual Cross Sector Insight Conference on June 8, 2021, at 8:00 AM ET. CFO Sarah Glickman will lead the presentation, with a live audio webcast available at this link. A replay will be posted on the company's investor relations site afterward. Criteo, a global technology leader in advertising, serves over 20,000 customers and employs 2,500 team members worldwide.
Criteo S.A. (NASDAQ: CRTO) announced its acquisition of Mabaya, a retail media technology firm, enhancing its Commerce Media Platform. This acquisition aims to boost Criteo's capabilities in retail media monetization and support for diverse marketplace sellers. Mabaya's technology aligns with Criteo's existing solutions, enabling better advertising services on e-commerce platforms. Criteo Retail Media experienced significant growth, generating $400 million in ad revenue in 2020, with a year-over-year increase of 122% in the latest quarter. The acquisition supports Criteo's strategic goal of expanding its footprint in the growing retail media market.
Criteo S.A. (NASDAQ: CRTO) has announced its 2021 Investor Day scheduled for June 3, 2021, starting at 8:00 AM ET. The event will feature key speakers including CEO Megan Clarken and CFO Sarah Glickman. It will be held virtually, with a live webcast available on the company's investor relations website. A replay will also be accessible after the event.
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