Criteo Q2 2023: Contribution ex-TAC up 12%, net loss narrows to $2M, adjusted EPS $0.49

Criteo S.A.

2023-Q2 EPS reported -$0.26 revenue$913,950,000

Revenue down 5% YoY to $469M; gross profit up 8% to $200M; Contribution ex-TAC up 12% to $240M.
Net loss narrowed to $2M from $33M; adjusted EBITDA rose 12% to $56M; adjusted diluted EPS $0.49 vs $0.37.
Retail Media Contribution ex-TAC grew 20% YoY at constant currency; same-retailer retention 118%.
Launched Commerce Grid SSP; expanded platform to 2,400 brands and 210 retailers including Canadian Tire.
Completed Iponweb integration; deployed $75M for share repurchases in H1 2023; reaffirmed 2023 outlook.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Criteo S.A. reported the three months ended June 30, 2023 results: revenue $469 million, net income Net loss was $2 million, EPS $0.05 per share on a diluted basis.

Period: the three months ended June 30, 2023
Revenue: $469 million
Net income: Net loss was $2 million
EPS: $0.05 per share on a diluted basis
Result: reported results

Exact text from the filing

Revenue for Q2 2023 was $469 million, gross profit was $200 million and Contribution ex-TAC was $240 million. Net loss for Q2 was $2 million, or $0.05 per share on a diluted basis.

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Source: SEC EDGAR

accession 0001576427-23-000105

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