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Criteo (CRTO) Stock News, Jan-May 2024

CRTO Nasdaq

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.

Rhea-AI Summary

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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FAQ

What is the current stock price of Criteo (CRTO)?

Criteo (CRTO) last closed at $14.88.

What is the market cap of Criteo (CRTO)?

The market cap of Criteo (CRTO) is approximately $729.1M.