secwatch.observer — SEC 8-K summary
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Issuer:     Criteo S.A. (CRTO)
CIK:        0001576427
Form:       8-K
Filed at:   2025-05-02T23:59:59+00:00
Accession:  0001576427-25-000070
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Criteo Q1 earnings beat but largest Retail Media client to curtail services from Nov 2025
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- Q1 revenue $451M (flat YoY), gross profit $237M (+9%), Contribution ex-TAC $264M (+4%, +7% cc).
- GAAP diluted EPS $0.66 vs $0.12 YoY; adjusted diluted EPS $1.10 vs $0.80 (+38%).
- Adjusted EBITDA $92M (+30%), margin 35% vs 28%; Free Cash Flow $45M vs $1M.
- Deployed $56M in share repurchases in Q1; total liquidity ~$810M.
- Largest Retail Media client will curtail services from Nov 1, 2025, reducing expected revenue; multi-year platform contract continues.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1576427/000157642725000070/0001576427-25-000070-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1576427/000157642725000070/crto-20250502.htm
  HTML page:      https://secwatch.observer/filing/0001576427-25-000070

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