secwatch.observer — SEC 8-K summary
======================================

Issuer:     Criteo S.A. (CRTO)
CIK:        0001576427
Form:       8-K
Filed at:   2022-05-04T23:59:59+00:00
Accession:  0001576427-22-000045
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1576427/000157642722000045/0001576427-22-000045-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1576427/000157642722000045/crto-20220504.htm
  HTML page:      https://secwatch.observer/filing/0001576427-22-000045

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer