Cardlytics Stock Price, News & Analysis

Cardlytics (NASDAQ: CDLX) reported strong financial results for Q2 2021, with revenue reaching $58.9 million, up 109% year-over-year. Billings increased 116% to $85.3 million. Gross profit surged 193% to $23.2 million, while adjusted contribution rose 139% to $29.6 million. Despite these growth metrics, the company experienced a net loss of $(47.3) million, or $(1.43) per diluted share, exceeding previous guidance due to macroeconomic challenges. Looking ahead, Q3 2021 guidance estimates billings between $85 - $95 million.

Cardlytics, Inc. (NASDAQ: CDLX) will announce its second-quarter financial results on August 3, 2021, after market close. A conference call to discuss the results is scheduled for 5:00 PM ET. Investors can access the audio webcast on the Cardlytics Investor Relations website. The company, known for its digital advertising platform, collaborates with financial institutions to enhance customer loyalty through rewards programs. Recent acquisitions include Dosh and Bridg, which bolster its advertising capabilities.

Cardlytics (NASDAQ: CDLX) has appointed Peter Chan as the new Chief Technology Officer, bringing over 20 years of experience from Amazon and Yahoo to lead its technology and engineering strategies. This appointment comes as Cardlytics integrates its recent acquisitions of Dosh and Bridg, aiming to enhance its self-service advertising platform. The company boasts over 168 million monthly active users and significant market influence, processing approximately $3.4 trillion in annual spending. The leadership changes are expected to foster innovation and growth within the digital advertising space.

Cardlytics, Inc. (NASDAQ: CDLX) will host a virtual Investor Day on June 10, showcasing activation strategies for growth. Presentations will feature key executives including CEO Lynne Laube and CFO Andy Christiansen, discussing new user experience and integration strategies through acquisitions like Dosh and Bridg. The event starts at 9:30 a.m. ET and is expected to last about four hours. Interested parties can register through Cardlytics' investor relations site and view a live webcast.

Cardlytics (NASDAQ: CDLX) has announced its participation in the BofA Securities 2021 Global Technology Conference on June 9, 2021, at 3:15 PM ET. CEO Lynne Laube and CFO Andy Christiansen will present during the event, which will be available via a live audio webcast on the Cardlytics Investor Relations website. Following the event, an archive of the webcast will also be accessible. Cardlytics is a leading digital advertising platform that leverages consumer spending data to enhance marketing effectiveness.

Cardlytics, a leading digital advertising platform, will hold a virtual Investor Day on June 10, 2021, starting at 9:30 a.m. ET. Key executives including CEO Lynne Laube and CFO Andy Christiansen will present insights on the company’s initiatives and strategies. The event will be accessible via a live webcast on Cardlytics’ investor relations website, with a replay available afterward. Recently, Cardlytics acquired Dosh and Bridg to enhance its advertising capabilities. For more information, visit www.cardlytics.com.

Cardlytics, a major digital advertising platform listed on NASDAQ as CDLX, will present at the 16th Annual Needham Virtual Technology & Media Conference on May 18, 2021, at 3:45 p.m. ET. The presentation will feature CEO Lynne Laube and CFO Andy Christiansen and will be available via live audio webcast on the Cardlytics Investor Relations website. The company partners with financial institutions to enhance customer loyalty through banking rewards programs and recently acquired Dosh and Bridg to expand its capabilities.

Cardlytics (NASDAQ: CDLX) has successfully completed its acquisition of Bridg for approximately $350 million in cash. This acquisition aims to enhance Cardlytics’ digital advertising platform by integrating Bridg's customer data capabilities, providing SKU-level insights. The deal is strategically important as it addresses the loss of third-party cookies, allowing brands to leverage first-party insights while maintaining consumer privacy. Additionally, potential earnout payments of $100 million to $300 million are contingent on Bridg's revenue performance over the next two years.

Cardlytics, Inc. (NASDAQ: CDLX) reported Q1 2021 revenue of $53.2 million, up 17% year-over-year. Billings reached $76.3 million, a 13% increase, and gross profit rose 22% to $19.5 million. Despite these gains, the company recorded a net loss of $(24.9) million, or $(0.85) per diluted share. Monthly Active Users (MAUs) increased to 168.6 million, a 20% growth. Cardlytics anticipates Q2 2021 revenue between $58.0 million and $65.0 million and full-year guidance of $260.0 million to $285.0 million.