Criteo Q2 beats: Revenue $471M, Adj EBITDA up 67% to $93M; raises FY2024 outlook

Criteo S.A.

2024-Q2 EPS reported $0.58 revenue$921,362,000

Q2 revenue $471M (+1% YoY, +3% cc); Gross profit $233M (+17%, margin 49% vs 43%).
Adjusted EBITDA $93M (+67% YoY); Adjusted diluted EPS $1.08 vs $0.53, doubling.
Retail Media Contribution ex-TAC +24% YoY (cc); Performance Media +11% cc.
Raises full-year 2024 guidance; announces Retail Media Investor Update on Nov 18.
Free cash flow $(4)M (improved from $(44)M); trailing 12-month FCF $142M; $102M buybacks.

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