earnings
confidence high
sentiment neutral
materiality 0.65
Criteo Q3 2022 revenue $447M (-12% YoY); adjusted EBITDA $50M; Retail Media up 32% constant currency
Criteo S.A.
2022-Q3 EPS reported
-$0.10
revenue$1,452,578,000
- Revenue $447M (-12% YoY, -3% constant currency); gross profit $180M (+2%); Contribution ex-TAC $213M (+14% constant currency).
- Net income $7M ($0.10 diluted EPS) vs $24M ($0.37) YoY; adjusted EPS $0.53 vs $0.64; adjusted EBITDA $50M (-27%).
- Retail Media Contribution ex-TAC grew 32% constant currency; Iponweb acquisition closed Aug 1 for ~$135M net cash.
- Launched Commerce Max DSP; entered new €407M revolving credit facility in September 2022.
- Cash and marketable securities $317M; total liquidity ~$740M; share buyback accelerated during Q3.