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. (NASDAQ: CRTO), the Commerce Media company, has announced it will release its second quarter 2024 financial results on Thursday, August 1, 2024. Following the release, the company will host a conference call at 8:00 AM ET (2:00 PM CET) to discuss the results.
Key participants in the call will include Megan Clarken (Chief Executive Officer), Sarah Glickman (Chief Financial Officer), and Todd Parsons (Chief Product Officer) for the Q&A session. Investors and analysts can access the call using provided dial-in numbers for the US, International, and France. Additionally, a live webcast of the conference call will be available on Criteo's investor relations website.
Criteo (Nasdaq: CRTO) has announced a strategic collaboration with Microsoft Advertising, aimed at addressing fragmentation in the retail media landscape. This partnership will integrate Microsoft Advertising's extensive demand into Criteo's network of 225 retailers and make Criteo the preferred onsite media partner for Microsoft’s retailer clients. Retail media, a rapidly growing sector, is projected to represent over $150 billion in global ad spend by 2026. The collaboration is expected to boost revenue for Criteo's retail media network partners and enhance the performance of Microsoft Advertising's 500,000+ active advertisers across 187 global markets. Additionally, the partnership will explore leveraging Microsoft’s generative AI capabilities, including AI-powered creative tools. The integration and preferred onsite collaboration are slated for rollout in the second half of 2024.
Criteo (Nasdaq: CRTO) has partnered with Dollar General Media Network (DGMN), the retail media arm of Dollar General (NYSE: DG), to enhance Dollar General's retail media offerings.
This collaboration will support Dollar General's onsite sponsored ad offerings and introduce new ad formats later this year. Utilizing Criteo's Commerce Max platform, advertisers will gain access to premium inventory and comprehensive shopper data, enabling targeted omnichannel advertising, particularly for rural shoppers.
The partnership aims to provide valuable insights into both in-store and online sales, empowering brands to optimize their campaigns. This move strengthens Criteo's position as a leader in the retail and commerce media space.
Criteo S.A. (NASDAQ: CRTO) will have its CEO and CFO present at the 52nd Annual J.P. Morgan Global Technology, Media and Communications Conference on May 20, 2024. The presentation will be available via a live audio webcast on the Company's investor relations website.
Criteo S.A. (NASDAQ: CRTO) reported record first quarter 2024 results with revenue reaching $450 million, gross profit at $217 million, and net income of $9 million. The company raised its full-year 2024 outlook and deployed $62 million for share repurchases in Q1. Retail Media grew 34% year-over-year, while Performance Media was up 13%. Adjusted EBITDA increased by 83%, and cash flow decreased by 67%. The company is confident in its strategy and financial strength.
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