Criteo reported adjusted EBITDA of $73 million for the second quarter of 2026, yet the GAAP net income figure of $12 million painted a far more difficult picture for shareholders. The company also posted $428 million in revenue, representing an 11% decrease compared to the previous year. While adjusted EBITDA fell by 18%, the disparity between that metric and the steeper 49% drop in net income has drawn the attention of securities litigators.
Levi & Korsinsky Launches Investigation Into Criteo Following Stock Drop
A 49% year-over-year decline in GAAP net income has prompted the law firm Levi & Korsinsky to open an investigation into Criteo. The inquiry follows an August 5, 2026, earnings report that revealed significant financial underperformance, triggering a sharp sell-off in the company's shares on the NASDAQ exchange.
Levi & Korsinsky is now reviewing the company’s disclosures for potential violations of securities law. The firm is seeking to represent investors who purchased CRTO shares and sustained financial losses following the earnings release. Participation in the evaluation process requires brokerage records detailing purchase dates and quantities, though the firm notes that investors may qualify for recovery regardless of whether they currently hold or have already sold their shares.
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