earnings
confidence high
sentiment negative
materiality 0.80
Criteo Q2 revenue down 11% to $428M; appoints Connor McGogney as CFO effective Aug 10
Criteo S.A.
- Q2 revenue $428M (-11% YoY), gross profit $222M (-14%), net income $12M (-49%).
- Adjusted EBITDA $73M (-18%), adjusted diluted EPS $0.80 (-13%); CFO cites more conservative H2 outlook.
- Appointed Connor McGogney as CFO effective Aug 10; he continues as Chief Strategy Officer.
- Retail Media Contribution ex-TAC down 21% due to scope changes with two clients; underlying base grew 20%.
- Deployed $61M on share repurchases in H1; redomiciliation to US expected Jan 2027 subject to approvals.