Criteo S.A. (NASDAQ:CRTO) Q3 2023 Earnings Conference Call November 2, 2023 8:00 AM ET

Company Participants

Melanie Dambre - Vice President of Investor Relations

Megan Clarken - Chief Executive Officer

Sarah Glickman - Chief Financial Officer

Todd Parsons - Chief Product Officer

Conference Call Participants

Mark Kelley - Stifel

Ygal Arounian - Citigroup

Katy Ansel - JPMorgan

Matthew Cost - Morgan Stanley

Matthew Thornton - Truist Securities

Operator

Good morning, everyone and welcome to Criteo's Third Quarter 2023 earnings call. [Operator Instructions] After the prepared remarks there will be an opportunity to ask questions. [Operator Instructions].

I would now like to turn the conference over to Melanie Dambre, Vice President, Investor Relations. Please go ahead.

Melanie Dambre

Good morning, everyone and welcome to Criteo's Third Quarter 2023 earnings call. Joining us on the call today, Chief Executive Officer, Megan Clarken; and Chief Financial Officer, Sarah Glickman, are going to share some prepared remarks. Todd Parsons, our Chief Product Officer, will join us for the Q&A session. As usual, you will find our Investor Presentation on our IR website now, as well as our prepared remarks and transcript after the call.

Before we get started, I would like to remind you that our remarks will include forward-looking statements, which reflect Criteo's judgment, assumptions and analysis only as of today. Our actual results may differ materially from current expectations based on a number of factors affecting Criteo's business. Except as required by law, we do not undertake any obligation to update any forward-looking statements discussed today. For more information, please refer to the risk factors discussed in our earnings release, as well as our most recent Forms 10-K and 10-Q filed with the SEC.

We'll also discuss non-GAAP measures of our performance. Definitions and reconciliations to the most directly comparable GAAP metrics are included in our earnings release published today. Finally, unless otherwise stated, all growth comparisons made during this call are against the same period in the prior year.

With that, let me now hand it over to Megan.

Megan Clarken

Thanks, Melanie, and good morning, everyone. Thank you all for joining us today. I'm pleased to report that we delivered another solid quarter with top line and adjusted EBITDA above our expectations, driven by organic growth acceleration, market share gains in Retail Media, and strong cost discipline. Our performance is a testament to our team's hard work and the trust of our clients who continue to prioritize performance and rely on our solutions to drive sales and return on ad spend.