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Jun 30, 2022
CRITEO Q2 2022 Earnings Report
Reported strong second quarter results and completed the acquisition of IPONWEB.
Key Takeaways
Criteo's Q2 2022 results showed a decrease in revenue by 10% year-over-year, but gross profit increased by 1%. The company completed the acquisition of IPONWEB and is on pace to deliver sustainable and profitable growth in 2022.
Completed the acquisition of IPONWEB on August 1st for $250 million.
Retail Media Contribution ex-TAC grew 42% year-over-year at constant currency.
Marketing Solutions Contribution ex-TAC grew 2% year-over-year at constant currency.
Activated media spend by the Commerce Media Platform for marketers and media owners was over $2.8 billion in the last 12 months and $676 million in Q2, growing 9% at constant currency.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
Criteo expects Contribution ex-TAC between $223 million and $229 million, or year-over-year growth at constant-currency of +12% to +15%, including the contribution from our IPONWEB acquisition. We expect Adjusted EBITDA between $48 million and $53 million.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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