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CRITEO CRITEO REPORTS STRONG FINANCIAL RESULTS IN SECOND QUARTER 2021 Company Raises Outlook for Fiscal 2021 Revenue ex - TAC and Adjusted EBITDA margin Exhibit 99.1 NEW YORK - August 4 , 2021 - Criteo S.A. ( NASDAQ : CRTO ) , the global technology company that provides the world's leading Commerce Media Platform , today announced financial results for the second quarter ended June 30 , 2021 that exceeded the Company's quarterly guidance . Second Quarter 2021 Financial Highlights : The following table summarizes our consolidated financial results for the three and six months ended June 30 , 2021 and 2020 : GAAP Results Revenue Net Income Diluted EPS Cash from operating activities Net cash position Three Months Ended 2021 June 30 , 2020 YoY Change 2021 Six Months Ended June 30 , 2020 YoY Change ( in millions , except EPS data ) SA SA SAGA CA $ 551 $ 438 26 % $ 1,092 $ 15 $ 6 144 % $ 38 $ SASA $ 941 16 % 23 70 % $ 0.23 $ 0.09 156 % $ 0.58 $ 0.34 71 % $ 26 $ 33 ( 21 ) % $ 104 $ 90 15 % $ 490 $ 578 ( 15 ) % $ 490 $ 578 ( 15 ) % Non - GAAP Results¹ Revenue ex - TAC EA $ 220 $ 180 22 % $ 434 $ EA 386 12 % Revenue ex - TAC margin 40 % 41 % Adjusted EBITDA Adjusted diluted EPS SASA $ 67 $ 39 ( 1 ) % 73 % $ 40 % 41 % ( 1 ) % 143 $ Free Cash Flow ( FCF ) $ 13 0.63 $ $ 0.27 15 133 % $ ( 11 ) % $ 1.31 77 SASSA $ 98 46 % $ 0.79 66 % $ 60 28 % " We continue to execute on our Commerce Media Platform strategy and are excited to see our vision coming to life , ” said Megan Clarken , CEO . " We feel very good about our solid performance and continued momentum . " Q2 2021 Operating Highlights • The media spend we activated for marketers and media owners increased 31 % year - over - year . • New solutions grew 50 % year - over - year at constant currency² to 25 % of total revenue ex - TAC . • • • Retail Media revenue grew 10 % and Retail Media Revenue ex - TAC grew 49 % year - over - year at constant currency² . Same- retailer revenue ex - TAC³ for Retail Media increased 65 % year - over - year . Criteo acquired Mabaya , a leading retail media technology company that powers sponsored products and retail media monetization for major ecommerce marketplaces globally . We added Best Buy and a large high - end fashion specialty retailer in the U.S to our Retail Media Platform . We added over 700 net new clients and closed the quarter with over 21,300 clients . Same - client revenue³ increased 22 % and same - client revenue ex - TAC² increased 16 % year - over - year at constant currency² . We expanded our Product leadership team , with a series of key hires to accelerate Product innovation and Go - to - Market . During our successful 2021 Investor Day , we revealed our roadmap for the future of the open internet and unveiled our new Criteo branding to align with our significant transformation executed over the last year , including a new logo , visual identity and brand positioning , " The Future is Wide Open " . 1 Revenue excluding Traffic Acquisition Costs , or Revenue ex - TAC , Revenue ex - TAC margin , Adjusted EBITDA , Adjusted EBITDA at constant currency , Adjusted EBITDA margin , Adjusted diluted EPS , Free Cash Flow and growth at constant currency are not measures calculated in accordance with U.S. GAAP . 2 Constant currency measures exclude the impact of foreign currency fluctuations and is computed by applying the 2020 average exchange rates for the relevant period to 2021 figures . 3 Same - client revenue or Revenue ex - TAC is the revenue or Revenue ex - TAC generated by clients that were live with us in a given quarter and still live with us the same quarter in the following year .