Criteo (NASDAQ:CRTO – Get Free Report) announced its quarterly earnings data on Wednesday. The information services provider reported $0.80 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.71 by $0.09, Briefing.com reports. The firm had revenue of $428.02 million for the quarter, compared to analysts’ expectations of $263.40 million. Criteo had a return on equity of 14.30% and a net margin of 5.60%.Criteo’s revenue for the quarter was down 11.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.92 earnings per share.
Here are the key takeaways from Criteo’s conference call:
- Q2 missed expectations as several large enterprise Performance Media clients reduced spending, leading to a 12% constant-currency decline in Contribution ex-TAC and a revised 2026 outlook for a 10%–12% decline.
- Management now assumes no recovery from affected enterprise clients through year-end and expects Q3 Contribution ex-TAC of $237 million–$241 million, down 14%–15% year over year; adjusted EBITDA margin guidance was reduced to approximately 30% for 2026.
- The OpenAI partnership is scaling rapidly, with more than 2,000 brands now running campaigns and ChatGPT traffic converting at roughly 1.5–2 times the rate of traditional referral traffic; management expects OpenAI and broader agentic-AI initiatives to become meaningful growth drivers in 2027.
- Underlying Retail Media Contribution ex-TAC grew 20% excluding previously announced client scope reductions, while retail media spend rose 31% and Auction-Based Display expanded to more than 85 retailers globally.
- Cost discipline supported $73 million of Q2 adjusted EBITDA despite weaker revenue, and Criteo ended the quarter with no long-term debt, $180 million in trailing-12-month free cash flow, and $160 million remaining under its share-repurchase authorization.
Criteo Stock Performance
NASDAQ:CRTO traded up $0.76 on Friday, reaching $18.34. The company’s stock had a trading volume of 245,772 shares, compared to its average volume of 457,877. The business’s 50-day moving average price is $19.70 and its two-hundred day moving average price is $18.76. Criteo has a 1-year low of $15.57 and a 1-year high of $25.29. The firm has a market cap of $921.15 million, a PE ratio of 9.31 and a beta of 0.29.
Analyst Ratings Changes
Get Our Latest Stock Analysis on CRTO
Insider Transactions at Criteo
In other news, CFO Sarah Js Glickman sold 2,465 shares of the stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $17.06, for a total transaction of $42,052.90. Following the completion of the transaction, the chief financial officer directly owned 431,879 shares in the company, valued at $7,367,855.74. This represents a 0.57% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Company insiders own 1.52% of the company’s stock.
Institutional Trading of Criteo
Hedge funds have recently added to or reduced their stakes in the company. Invesco Ltd. grew its position in Criteo by 27.5% during the fourth quarter. Invesco Ltd. now owns 25,832 shares of the information services provider’s stock worth $532,000 after buying an additional 5,568 shares in the last quarter. Vident Advisory LLC increased its holdings in shares of Criteo by 34.3% during the fourth quarter. Vident Advisory LLC now owns 12,907 shares of the information services provider’s stock worth $266,000 after buying an additional 3,294 shares in the last quarter. Pillsbury Lake Capital LLC bought a new stake in shares of Criteo during the fourth quarter worth about $9,486,000. XTX Topco Ltd acquired a new position in Criteo in the 4th quarter valued at approximately $2,212,000. Finally, Susquehanna Portfolio Strategies LLC lifted its holdings in Criteo by 24.6% during the 4th quarter. Susquehanna Portfolio Strategies LLC now owns 107,900 shares of the information services provider’s stock worth $2,224,000 after buying an additional 21,275 shares during the period. 94.27% of the stock is owned by institutional investors and hedge funds.
Criteo Company Profile
Criteo is a global technology company specializing in digital performance advertising and commerce media solutions. The company provides a range of AI-driven ad products designed to help brands, retailers, and agencies deliver personalized promotional messages to consumers across web, mobile, and connected TV environments. By leveraging large-scale data analytics and machine learning algorithms, Criteo’s platform optimizes the timing, placement, and creative of ads to drive engagement and conversions.
At the core of Criteo’s offering is its dynamic retargeting solution, which enables advertisers to automatically generate and display personalized product recommendations based on user behavior.
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