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 has completed its acquisition of IPONWEB for $250 million, enhancing its Commerce Media Platform. This acquisition is expected to elevate marketing capabilities and expand monetization for media owners. In Q2 2022, Criteo reported revenues of $495 million, down 10% year-over-year, but gross profit increased by 1% to $185 million. Net income rose to $18 million. The company anticipates sustainable growth despite macroeconomic challenges and reported a significant cash position of $563 million as of June 30, 2022.
Kioxia Corporation announced its collaboration with Aerospike to enhance the Aerospike Server Community Edition database. This collaboration resulted in a 36% increase in application performance when using KIOXIA FL6 Series enterprise NVMe™ Storage Class Memory (SCM) SSDs. The SSDs are designed for high endurance and are currently in mass production, with capacities up to 3,200 GB. Detailed results will be shared during Kioxia's keynote at the Flash Memory Summit on August 2.
KIOXIA America has announced a collaboration with Aerospike to enhance the Aerospike Community Edition database, achieving a 36% increase in application performance. This enhancement utilized KIOXIA's FL6 Series NVMe Storage Class Memory (SCM) SSDs, demonstrating significant improvements in application efficiency. The FL6 drives are mass-produced, capable of 60 DWPD endurance, and available in capacities up to 3,200 GB. This partnership highlights KIOXIA's commitment to creating innovative storage solutions that improve performance for latency-sensitive applications.
Criteo S.A. (NASDAQ: CRTO) will announce its financial results for the second quarter ending June 30, 2022, on August 3, 2022. CEO Megan Clarken and CFO Sarah Glickman will lead a conference call at 8:00 AM ET to discuss the results, joined by Chief Product Officer Todd Parsons for a Q&A session. Investors can access the call using specified dial-in numbers. The event will also be available via live webcast on Criteo's investor relations website, ensuring transparency and accessibility for stakeholders.
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Criteo S.A. (NASDAQ: CRTO) announces a favorable ruling from the French Competition Authority, reinstating its partnership with Meta following a complaint initiated in September 2019. As a result, Criteo regains its ad buying capabilities on Facebook and Instagram, ensuring fair competition. The decision includes commitments from Meta to re-establish Criteo's partner status and allow access to the bidding API. This aims to create a level playing field in the industry and prevent self-preferencing by Meta. Criteo expresses optimism about collaborating with Meta to enhance ad inventory for clients.
LiveRamp reported a strong Q4 with total revenue of $142 million, up 19% year-over-year, and subscription revenue of $116 million, increasing 22%. The GAAP gross margin was 72%, while the non-GAAP gross margin reached 76%. For the fiscal year, total revenue was $529 million, also up 19%, with operating cash flow of $78 million. LiveRamp plans to repurchase $150 million in stock by Q3 FY2023, underscoring confidence in its cash flow. The company anticipates Q1 FY2023 revenue of approximately $139 million and FY2023 revenue between $608 million and $625 million.
EasyVista announces the full transition of Patrice Barbedette as Global CEO, marking a new phase of growth following 30% revenue growth in 2021. EasyVista aims to double its revenue by 2025, leveraging strategic acquisitions and an expanded leadership team. The company has successfully increased its customer base to over 3,200 and completed acquisitions of Goverlan and ServiceNav. Barbedette, along with newly appointed CTO Michael Cohen and CFO Pauline Caillard, will focus on enhancing innovation and customer experience while continuing to attract new talent.
Criteo S.A. (NASDAQ: CRTO) reported Q1 2022 results showing revenue of $511 million, a 6% drop from Q1 2021, while gross profit increased by 3% to $184 million. Net income fell 9% to $21 million, with diluted EPS at $0.32. Adjusted EBITDA decreased 17% to $63 million, but free cash flow rose 9% to $69 million. Retail Media achieved a 48% growth in contribution ex-TAC year-over-year. Criteo ended the quarter with $589 million in cash and cash equivalents, and total financial liquidity of approximately $1 billion. The company continues to invest in its Commerce Media Platform.
Criteo S.A. (NASDAQ: CRTO) has published its 2021 Corporate Social Responsibility Report. The report highlights the company's efforts in promoting Diversity, Equity, and Inclusion (DEI), achieving full pay parity, and signing an LGBTQIA+ charter. Criteo also aims to reduce its environmental footprint by utilizing decarbonized energy sources in data centers. Additionally, the company is aligning its practices with the UN Sustainable Development Goals and enhancing its transparency in ESG disclosures.
