Criteo Q1 revenue down 6% YoY; Retail Media Contribution ex-TAC up 48% at constant currency

Criteo S.A.

2022-Q1 EPS reported $0.32 revenue$510,567,000

Revenue $511M (-6% YoY, -1% constant currency); Gross Profit $184M (+3%); Net Income $21M (-9%).
Adjusted EBITDA $63M (above guidance, -17% YoY); Adjusted diluted EPS $0.53 (-21% YoY).
Retail Media Contribution ex-TAC grew 48% constant currency; Marketing Solutions Contribution ex-TAC grew 2% constant currency.
Free Cash Flow $69M (+9% YoY); cash & equivalents $589M; $8M spent on share repurchases in Q1.
Suspended Russia operations; appointed Brian Gleason as Chief Revenue Officer.

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