secwatch.observer — SEC 8-K summary
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Issuer:     Criteo S.A. (CRTO)
CIK:        0001576427
Form:       8-K
Filed at:   2022-08-03T23:59:59+00:00
Accession:  0001576427-22-000066
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 1.01, 2.01, 2.02, 5.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Criteo completes IPONWEB acquisition for $250M; Q2 revenue $495M, raises 2022 guidance
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- Acquisition of IPONWEB closed Aug 1 for ~$250M ($180M cash + $70M treasury shares) plus up to $100M earnout; excludes Russia unit.
- Q2 revenue $495M (down 10% YoY, -3% constant currency); net income $18M ($0.27 diluted EPS); adjusted diluted EPS $0.58.
- Contribution ex-TAC $215M (down 3% reported, +7% constant currency); Retail Media Contribution ex-TAC grew 42% constant currency YoY.
- Adjusted EBITDA $50M (down 26% YoY), in line with guidance; free cash flow -$1M. Raises 2022 Contribution ex-TAC outlook with IPONWEB.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1576427/000157642722000066/0001576427-22-000066-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1576427/000157642722000066/crto-20220730.htm
  HTML page:      https://secwatch.observer/filing/0001576427-22-000066

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