Criteo S.A. Investigation
Company: Criteo S.A.
Ticker: (NASDAQ) CRTO
How to Check Whether You May Be Eligible in the Criteo S.A. Investigation
Investigation Details
Criteo S.A. shares fell sharply on August 5, 2026, after the Company reported second quarter 2026 revenue of $428 million -- down 11% year over year -- net income of $12 million, down 49%, and slashed its full-year Contribution ex-TAC guidance to a decline of 10% to 12% at constant currency.
The scale of the reversal is concentrated in one line item. On May 8, 2026, Criteo told investors it expected "flat to low-single-digit growth in Contribution ex-TAC at constant currency, for the fiscal year 2026." Less than three months later, on August 5, 2026, that outlook became a projected decline of 10% to 12%. Second quarter adjusted EBITDA fell 18% to $73 million, and Contribution ex-TAC came in at $255 million.
The August 5, 2026 disclosure came alongside a change in Criteo's finance leadership. The Company announced that Chief Strategy Officer Connor McGogney would replace Sarah Glickman as Chief Financial Officer effective August 10, 2026, after Glickman had served as CFO for six years. Glickman remained as a senior adviser through September 30, 2026.