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.
LiveRamp reported Q2 fiscal 2023 revenue of $147 million, up 16%, with subscription revenue at $120 million, rising 14%. The GAAP operating loss was $29 million compared to $6 million last year. Non-GAAP operating income improved to $17 million. Share repurchases totaled $100 million this fiscal year. The company raised its fiscal 2023 revenue guidance to between $595 million and $600 million, reflecting a 13% increase year-over-year. The non-GAAP operating income guidance is now $60 million.
Contentsquare has announced three significant new appointments aimed at enhancing its IT organization and social impact initiatives. Martin Decrême joins as Chief Information Officer to implement a Business Intelligence program, while Judicaël Phan becomes VP of Digital Trust and Global Data Protection Officer, focusing on privacy and ethics. Emily Bove is appointed VP of Philanthropy to lead the company's social impact efforts. These roles are pivotal for Contentsquare’s mission to deepen customer trust and extend its impact in digital analytics.
Criteo S.A. (NASDAQ: CRTO) outlined its long-term growth strategy and 2025 financial outlook during the Investor Day on Oct. 31, 2022. The company targets to triple its Retail Media business in the next three years. CEO Megan Clarken emphasized their differentiating technology and integrated solutions. Key topics included progress in transforming from a retargeting business to a multi-product platform, a renewed client-centric approach, and growth drivers in retail media. A live webcast of the event is available for replay on their investor site.
Criteo (NASDAQ: CRTO) announced its Q3 2022 financial results, reporting a 12% year-over-year revenue decline to $447 million. Despite this, gross profit increased by 2% to $180 million, resulting in a gross profit margin of 40%. Net income fell 73% to $7 million, marking $0.10 per share. Adjusted EBITDA decreased by 27% to $50 million. The company's acquisition of Iponweb, completed in August 2022, is part of its strategic focus on enhancing product offerings and client integration.
Criteo S.A. (NASDAQ: CRTO) will announce its third-quarter financial results on October 28, 2022. The call will be led by CEO Megan Clarken and CFO Sarah Glickman at 8:00 AM ET. Investors can access the call using the provided dial-in numbers. Additionally, Criteo will host its 2022 Investor Day on October 31, 2022, in New York City, featuring presentations from the executive team followed by a Q&A session. Details will be available on the company's investor relations website.
Aqemia has successfully raised €30 million in a Series A funding round, co-led by Eurazeo and Bpifrance. This capital will enhance its drug discovery platform, focusing on oncology and immuno-oncology. Over three years, the company has expanded from a spin-off to a team of 50, collaborating with major pharmaceutical firms like Sanofi and Janssen. Their unique AI technology enables rapid generation of drug candidates while significantly reducing costs and time. The funding reflects confidence in Aqemia's ability to innovate drug discovery through advanced computational methods.
Criteo S.A. (NASDAQ: CRTO) has bolstered its Americas Client Solutions team by adding CBS and CNET executives, Katie Kulik and Courtney Cochrane. This strategic move aims to enhance Criteo's Commerce Media Platform and better serve enterprise marketers and growth businesses across the U.S., Canada, and LATAM. Kulik, with over 25 years in digital media, will drive revenue for enterprise segments, while Cochrane will scale enterprise solutions. The company also announced transitions for other senior leadership roles to strengthen its market position.
Criteo S.A. (NASDAQ: CRTO) launched Commerce Max, a self-service demand-side platform designed for enterprise marketers, in collaboration with Best Buy and GroupM. This platform allows brands to engage audiences through targeted ads on retailer sites and off-site across the internet, leveraging Criteo's access to over four billion product SKUs. Marketers can utilize predictive AI for optimized ad performance and real-time reporting. Commerce Max has entered a testing phase and is expected to roll out to select markets in 2023.
Criteo S.A. (NASDAQ: CRTO) has announced the rescheduling of its 2022 Investor Day to October 31, 2022, in New York City. The event aims to provide insights into Criteo's mid-term financial outlook, featuring presentations from the executive leadership team at 8:30 AM Eastern Time, followed by a Q&A session. Additionally, the company will participate in two investor conferences: Citi's 2022 Global Technology Conference on September 7 and Benchmark's Conference on September 8, where one-on-one meetings will be held.
LiveRamp (NYSE: RAMP) reported total revenue of $142 million for Q1 FY2023, marking a 19% increase year-over-year. Subscription revenue rose 20% to $116 million, representing 81% of total revenue. GAAP gross margin remained stable at 71%, while non-GAAP gross margin decreased by 1 percentage point to 75%. The company recorded a GAAP operating loss of $26 million and a non-GAAP operating income of $4 million. LiveRamp repurchased $80 million worth of shares year-to-date. FY2023 revenue guidance is set between $590 million and $600 million, projecting 12% to 13% growth.
