Welcome to our dedicated page for Criteo S.A. news (Ticker: CRTO), a resource for investors and traders seeking the latest updates and insights on Criteo S.A. stock.
Criteo S.A. (NASDAQ: CRTO) is a global leader in commerce media, headquartered in Paris. The company specializes in performance marketing technology, enabling e-commerce companies to leverage vast amounts of data for effective customer engagement and conversion. With its predictive software algorithms and deep insights into consumer behavior, Criteo provides highly relevant and personalized advertisements in real-time, optimizing advertising placement decisions based on data and activity on client websites.
Criteo operates in 130 countries, with a strong workforce of over 1,600 employees across 27 offices worldwide. The company partners with more than 8,500 clients and maintains direct relationships with over 11,000 publishers. Its innovative technology allows retailers to launch multichannel and cross-device marketing campaigns in real-time, providing real-time ROI analysis to dynamically adjust marketing strategies. Additionally, Criteo's technology aids retailers in managing ad inventories and enhancing yield optimization.
In Q3 2023, Criteo reported a revenue of $469 million, gross profit of $205 million, and a Contribution ex-TAC of $245 million. The company witnessed significant growth, with a gross profit margin of 44% and a Contribution ex-TAC margin of 52%. For the fiscal year 2023, revenue was $1.9 billion, and net income reached $55 million. Criteo's robust financial performance is attributed to its strategic focus on retail media and cost efficiencies.
Recent achievements include a partnership with Albertsons to enhance its retail media offerings, the introduction of new ad formats like commerce display and sponsored video, and the attainment of MRC accreditation for display rendered impression and click advertising metrics. These initiatives underscore Criteo’s commitment to innovation and transparency in the retail media space.
Looking ahead, Criteo remains focused on sustainable growth, with an emphasis on expanding its Commerce Media Platform and driving shareholder value. The company projects a positive outlook for 2024, with plans to further enhance its market presence and operational efficiencies.
Criteo S.A. (NASDAQ: CRTO) will announce its financial results for Q1 2021 on May 5, 2021. CEO Megan Clarken and CFO Sarah Glickman will lead a conference call at 8:00 AM ET. The call will include a Q&A session with key executives. Investors can access the call via specified dial-in numbers or watch it live on Criteo's website. The company operates globally, employing 2,600 team members and partnering with over 20,000 customers to deliver impactful advertising using advanced machine learning.
Criteo S.A. (NASDAQ: CRTO) announced on April 8, 2021, an expansion of its Retail Media API program, integrating with new partners including Pacvue, Perpetua, Flywheel, Kenshoo, and Tinuiti. This initiative aims to enhance brand advertisers' capabilities in managing and optimizing retail media campaigns, particularly as consumer behavior shifts towards online shopping. A joint report with Forrester revealed that 76% of brand advertisers in North America view retail media advertising as crucial for business growth. Criteo positions itself as a leader in the Commerce Media Platform sector, focusing on maximizing sales and advertising returns.
Criteo S.A. (NASDAQ: CRTO) announced that CEO Megan Clarken will present at the Truist Technology, Internet, & Services Conference on March 9, 2021, at 11:20 AM ET. A live audio webcast will be available at this link, with a replay accessible later on Criteo's investor relations website. Criteo, a global technology company, partners with over 21,000 customers to deliver impactful advertising using advanced machine learning and extensive data.
Criteo S.A. (NASDAQ: CRTO) announced that CEO Megan Clarken will present at the Morgan Stanley Technology, Media and Telecom Conference on March 1, 2021, at 9:30 AM EST. The live presentation can be accessed via a webcast on the company's investor relations website, with replays available afterward. Criteo provides advanced advertising technology, partnering with over 21,000 customers globally, powered by over 2,600 team members who leverage machine learning and data. For more details, visit www.criteo.com.
Criteo S.A. (NASDAQ: CRTO) reported financial results for Q4 and FY 2020, surpassing previous guidance. Q4 revenue reached $661 million, a 1% year-over-year increase, despite a negative COVID-19 impact of approximately $68 million. FY 2020 revenue fell 8% to $2,073 million, with net income declining 22% to $75 million. Adjusted EBITDA for Q4 was $103 million, down 6% year-over-year. Criteo's success in adding 900 new clients and growth in Retail Media (up 41%) are notable highlights. The company ended FY 2020 with $488 million in cash and a financial liquidity of $960 million.
Criteo S.A. (NASDAQ: CRTO) announced that CEO Megan Clarken will present at the Goldman Sachs Technology and Internet Conference on February 11, 2021, at 10:30 AM ET. A live audio webcast of the presentation will be available on the Company's investor relations website, with a replay offered later. Criteo partners with over 20,000 customers and thousands of publishers globally, leveraging advanced machine learning to deliver effective advertising.
Criteo S.A. (NASDAQ: CRTO) will announce its fourth quarter and fiscal year 2020 financial results on February 10, 2021. The announcement will be followed by a conference call at 8:00 AM ET, featuring CEO Megan Clarken, CPO Todd Parsons, and CFO Sarah Glickman. The call can be accessed via specific dial-in numbers for U.S. and international callers, and it will also be available for live streaming and replay on the company's website. Criteo continues to support over 20,000 customers with advanced advertising solutions.
Criteo (NASDAQ: CRTO) announced significant leadership appointments aimed at enhancing its growth strategy. Jon Kaiser joins as Global VP, Agency Business Development, while Rory Mitchell takes the role of Executive Managing Director, Americas. Joe Stevens becomes Chief Information Security Officer, and Ingmar Zach is appointed Senior VP, Product. These hires highlight Criteo's commitment to fortifying agency partnerships, optimizing first-party data utilization, and prioritizing data security as the company transitions into a leading Commerce Media Platform.
Criteo S.A. (NASDAQ: CRTO) has appointed Brendan McCarthy as its new Chief Marketing Officer, effective immediately. McCarthy brings nearly 20 years of experience in strategic marketing and communications, having previously held senior roles at Nielsen Global Media and Edelman. His appointment is part of Criteo's transformation strategy towards becoming a Commerce Media Platform. CEO Megan Clarken emphasized McCarthy's diverse experience will enhance the company's marketing strategy and contribute to its growth.
Criteo (NASDAQ: CRTO) announced that CFO Sarah Glickman will present at the Raymond James Technology Investors Conference on December 7, 2020, at 8:00 am Eastern Time. A live audio webcast will be available here, with a replay accessible on the Company's investor relations website afterwards. Criteo leverages advanced machine learning and extensive data to deliver effective advertising solutions for over 20,000 customers globally.
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