secwatch.observer — SEC 8-K summary
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Issuer:     Criteo S.A. (CRTO)
CIK:        0001576427
Form:       8-K
Filed at:   2024-05-02T23:59:59+00:00
Accession:  0001576427-24-000061
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Criteo posts Q1 net income $9M, raises FY2024 outlook; adjusted EBITDA up 83%
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- 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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1576427/000157642724000061/0001576427-24-000061-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1576427/000157642724000061/crto-20240502.htm
  HTML page:      https://secwatch.observer/filing/0001576427-24-000061

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