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Criteo reports Q2 revenue down 11%, appoints new CFO, and plans US legal domicile shift in 2027

Company Fundamentals
05 Aug 2026
PRNewsWire
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Bearish
Criteo reports Q2 revenue down 11%, appoints new CFO, and plans US legal domicile shift in 2027

Criteo announced its Q2 2026 financial results with revenue declining 11% year-over-year to $428 million, driven by decreases in both Retail and Performance Media segments. The company appointed Connor McGogney as CFO effective August 2026 and is transitioning its legal domicile from Luxembourg to the US by January 2027, pending approvals. Despite short-term challenges, Criteo remains confident in its AI-driven commerce strategy and continues expanding partnerships, including with OpenAI and retail clients globally. The company also repurchased $30 million in shares during Q2 and projects a cautious outlook for the rest of 2026.

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Taiwan's Taiex index reached a record intraday high of 48,601.53 driven by strong gains in the tech sector, especially semiconductor companies like TSMC, MediaTek, and Delta Electronics. This surge follows an AI-driven rally on Wall Street fueled by ...

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