earnings
confidence high
sentiment positive
materiality 0.80
Criteo posts Q1 net income $9M, raises FY2024 outlook; adjusted EBITDA up 83%
Criteo S.A.
2024-Q1 EPS reported
$0.12
revenue$450,055,000
- Revenue $450M (+1% YoY); gross profit $217M (+20%); Contribution ex-TAC $254M (+15% at cons. curr.)
- Adjusted EBITDA $71M (margin 28% vs 18% YoY); adjusted diluted EPS $0.80 (vs $0.50)
- Retail Media Contribution ex-TAC +34% constant currency; Performance Media +13% constant currency
- Deployed $62M on share repurchases in Q1; plans to return $150M to shareholders in 2024
- Raised full-year 2024 guidance; nominated Ernst Teunissen to board