Criteo S.A. (CRTO) Q3 2024 Earnings Call Transcript Summary
Criteo S.A. (CRTO) Q3 2024 Earnings Call Transcript Summary
For Q3, operating leverage was evidenced by disciplined cost management contributing to an adjusted EBITDA of $82 million, marking a 20% year-over-year increase with a margin expansion of 300 basis points to 31%.The following is a summary of the Criteo S.A. (CRTO) Q3 2024 Earnings Call Transcript:
以下是criteo S.A. (CRTO) 2024年第三季度業績會交易摘要：
Financial Performance:
金融業績：
Criteo reported Q3 revenue of $459 million with a strong top line growth, driven by robust performance in Retail Media and Performance Media.
Contribution excluding Traffic Acquisition Costs (ex-TAC) increased to $266 million, with a growth of 9% at constant currency, notably supported by a 23% growth in Retail Media.
For Q3, operating leverage was evidenced by disciplined cost management contributing to an adjusted EBITDA of $82 million, marking a 20% year-over-year increase with a margin expansion of 300 basis points to 31%.
Criteo報告2024年第三季度營業收入爲45900萬美元，主要由零售媒體和表現媒體表現強勁推動的頂線增長。
不包括流量獲取成本（ex-TAC）的貢獻增加至26600萬美元，在固定貨幣條件下增長9%，主要得益於零售媒體增長23%。
對於第三季度，通過紀律性成本管理所證明的運營槓桿，有助於調整後的EBITDA達到8200萬美元，同比增長20%，毛利率擴大300個點子至31%。
Business Progress:
業務進展：
Criteo has continued to solidify its position by securing significant new retailer partnerships globally, including JCPenney and Office Depot in the U.S., and expanding in APAC with two new retailers.
The company has successfully launched Commerce Max, a Commerce Media Demand Side Platform, showing a record quarter with over $130 million in agency spend in the U.S.
Introduction of Commerce GO! features advanced AI that streamlines campaign creation, aimed at reducing cost to serve and improving client media spend efficiency.
Criteo繼續通過在全球範圍內確立重要的新零售商合作伙伴關係，包括美國的JCPenney和Office Depot，並與兩家新零售商在亞太地區擴張。
該公司成功推出Commerce Max，一個商業媒體需求方平台，在美國的機構花費中創紀錄的季度超過13000萬美元。
Commerce GO! 功能介紹先進的人工智能，簡化廣告活動創建流程，旨在降低服務成本，提高客戶媒體支出效率。
Opportunities:
機會：
The expansion in Retail Media and Performance Media segments continues to be a driving force, with particular strength in Commerce Audiences which saw a 30% increase.
Criteo's collaboration with Microsoft Advertising is expected to integrate significant new retailer demands by transitioning several retailers to Criteo's technology stack in 2025.
零售媒體和表現媒體領域的擴張繼續是推動力量，尤其在商業受衆方面表現強勁，增長了30%。
criteo 與微軟廣告的合作預計將在2025年通過將幾家零售商過渡到 criteo 的技術平台來整合重要的新零售商需求。
Risks:
風險：
The biggest retailer client's transition to a direct sales model and the anticipated slow traction in U.S. offsite monetization initiatives might pose challenges.
Economic fluctuations and shifts in marketing strategies by large enterprise clients in the U.S. could impact performance negatively.
最大的零售商客戶轉向直銷模式，預期在美國線下變現舉措上可能會帶來挑戰。
美國大型企業客戶的營銷策略波動和變化可能會對業績產生負面影響。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。
