earnings
confidence high
sentiment neutral
materiality 0.65
Criteo Q1 net loss $12M; Retail Media Contribution ex-TAC up 22% YoY constant currency
Criteo S.A.
2023-Q1 EPS reported
-$0.20
revenue$445,016,000
- Revenue $445M (-13% YoY); Gross profit $182M (-1% YoY); Contribution ex-TAC $221M (+2% YoY).
- Retail Media Contribution ex-TAC +22% constant currency (YoY); activated media spend $0.8B in Q1 (+37% constant currency).
- Adjusted EBITDA $39M (-38% YoY); Adjusted diluted EPS $0.46 (-13% YoY).
- Net loss $12M ($0.20 diluted EPS loss) vs. net income $21M ($0.32 EPS) a year ago.
- Reiterated FY2023 outlook; acquired Brandcrush; spent $51M on share repurchases in Q1.