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Criteo Q2 2024 Earnings Report

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$43.41 +0.16 (+0.37%)
(As of 12/20/2024 05:16 PM ET)

Criteo EPS Results

Actual EPS
$1.08
Consensus EPS
$0.77
Beat/Miss
Beat by +$0.31
One Year Ago EPS
$0.12

Criteo Revenue Results

Actual Revenue
$471.31 million
Expected Revenue
$263.64 million
Beat/Miss
Beat by +$207.67 million
YoY Revenue Growth
+0.50%

Criteo Announcement Details

Quarter
Q2 2024
Time
Before Market Opens

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Criteo Earnings Headlines

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About Criteo

Criteo (NASDAQ:CRTO), a technology company, provides marketing and monetization services on the open Internet in North and South America, Europe, the Middle East, Africa, and the Asia-Pacific. The company's Criteo Shopper Graph, which derives clients' proprietary commerce data, such as transaction activity on their digital properties. It also offers Criteo AI Engine solutions, including lookalike finder, recommendation, and predictive bidding algorithms; recommendation algorithms, dynamic creative optimization+, sponsored product placement algorithms, and other product placement algorithms. The company's technology comprises data synchronization, storage, and analysis of distributed computing infrastructure in various geographies, as well as fast data collection and retrieval using multi-layered caching infrastructure; and experimentation platform, an offline/online testing platform to enhance the capabilities and effectiveness of prediction models. In addition, it provides Criteo Marketing Solutions that allow commerce companies to address various marketing goals by engaging their consumers with personalized ads across the web, mobile, and offline store environments; and Criteo Retail Media solutions, which allows retailers to generate advertising revenues from consumer brands, and/or to drive sales for themselves, by monetizing their data and audiences through personalized ads, either on their own digital property or on the open Internet. Further, the company offers real-time advertising technology and trading infrastructure, delivering advanced media buying, selling, and packaging capabilities for media owners, agencies, performance advertisers, and third-party AdTech platforms. It serves companies in digital retail, travel, and classifieds sectors. Criteo S.A. was incorporated in 2005 and is headquartered in Paris, France.

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