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 (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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