Welcome to our dedicated page for Cardlytics news (Ticker: CDLX), a resource for investors and traders seeking the latest updates and insights on Cardlytics stock.
Cardlytics (CDLX) delivers purchase-based advertising intelligence through partnerships with financial institutions, transforming consumer spending data into actionable marketing insights. This news hub provides investors and analysts with essential updates on the company’s evolving strategies in digital advertising and data analytics.
Access real-time announcements including quarterly earnings, product launches, and partnership expansions. Our curated collection features press releases about platform innovations, client acquisitions, and industry recognition – all critical developments for understanding CDLX’s market position.
Key updates cover operational milestones across both core platforms: the proprietary bank advertising channel and Bridg cloud-based analytics solutions. Track developments in campaign measurement capabilities, financial institution collaborations, and data security enhancements that shape the company’s competitive edge.
Bookmark this page for streamlined monitoring of CDLX’s financial performance and strategic initiatives. Combine our news feed with SEC filings and earnings call transcripts available through Stock Titan’s financial research tools for comprehensive analysis.
Cardlytics (NASDAQ: CDLX) announced a public offering of 3,850,000 shares at $130.00 each, aiming for approximately $500.5 million in gross proceeds. The offering, expected to close around March 5, 2021, includes a 30-day option for underwriters to purchase an additional 577,500 shares. BofA Securities and J.P. Morgan are leading the underwriting. The offering follows a shelf registration effective March 1, 2021. This capital will likely support business growth and operational initiatives.
Cardlytics (NASDAQ: CDLX) has announced a public offering of $500 million in common stock, with an option for underwriters to purchase an additional $75 million. The offering is subject to market conditions, and no assurance can be given regarding its completion. Joint book-running managers include BofA Securities and J.P. Morgan, with Wells Fargo and Raymond James also participating. A registration statement has been filed with the SEC, which became effective on March 1, 2021. Cardlytics focuses on advertising in banks’ digital channels and enhancing customer loyalty through insights into consumer spending.
Cardlytics, a purchase intelligence platform, reported its Q4 and full-year results for 2020, revealing a 3.2% decrease in Q4 revenue to $67.1 million and an 11.2% decline in total revenue for the year at $186.9 million. Net loss attributable to common stockholders was $(6.8) million for Q4 and $(55.4) million for the fiscal year. Key metrics showed a 22.6% increase in average FI MAUs, while ARPU fell 21.2% in Q4. Looking ahead, the company expects Q1 2021 billings between $67-$75 million and total revenue of $47-$53 million.
Cardlytics (NASDAQ: CDLX) announced its acquisition of Dosh, a cash-back offers platform, for $275 million in cash and stock. Founded in 2016, Dosh's app provides cash-back offers to consumers and has seen year-over-year growth by partnering with financial institutions. Cardlytics expects the integration to enhance its advertising platform, which currently serves over 163 million monthly active users, by leveraging Dosh's technology for better consumer engagement. The transaction is set to close later this quarter, with BofA Securities advising Cardlytics on the deal.
Cardlytics (NASDAQ: CDLX) announced its participation in two upcoming conferences: the Raymond James 42nd Annual Institutional Investors Conference and the Truist Securities Technology, Internet & Services Conference. CEO Lynne Laube and CFO Andy Christiansen will present at the Raymond James conference on March 3, 2021, at 10:50 a.m. ET, and at the Truist conference on March 9, 2021, at 10:30 a.m. ET. Both presentations will be webcast live, with archives available afterward on the Cardlytics Investor Relations website.
Cardlytics, operating under NASDAQ: CDLX, will release its fourth quarter and fiscal year 2020 financial results on March 1, 2021, before market open. A conference call scheduled for 8:00 AM (ET) will discuss these results.
The company partners with financial institutions to enhance customer loyalty by providing insights into consumer spending, thereby helping marketers effectively reach potential buyers.
Cardlytics, a leader in digital banking advertising, announced its participation in the 23rd Annual Needham Virtual Growth Conference. CEO Lynne Laube will present on January 13, 2021, at 12:30 p.m. ET, with a live audio webcast accessible on the company’s Investor Relations website. Cardlytics collaborates with financial institutions to enhance customer loyalty through banking rewards programs, leveraging consumer spending insights to optimize marketing efforts. The company is headquartered in Atlanta, with additional locations in London, New York, San Francisco, and Visakhapatnam.
Cardlytics (NASDAQ: CDLX) announced a multi-year renewal of its Spending Rewards Agreement with Lloyds Bank Plc on December 16, 2020. This agreement extends their partnership to provide Cardlytics Direct to Lloyds customers through December 31, 2023. The renewal signifies ongoing collaboration in enhancing customer loyalty and banking relationships through targeted advertising in banks' digital channels. More information is available on the Cardlytics Investor Relations site.
Cardlytics (NASDAQ: CDLX) announced its participation in two upcoming virtual conferences. CEO Lynne Laube and CFO Andy Christiansen will present at the Wells Fargo Securities Virtual TMT Summit on December 1, 2020, at 10:40 a.m. ET, and at the Raymond James 2020 Virtual Technology Investors Conference on December 8, 2020, at 4:10 p.m. ET. Both presentations will be webcast live on the Cardlytics Investor Relations website. Cardlytics is focused on leveraging insights from consumer spending to enhance marketing effectiveness and deepen banking relationships.
Cardlytics, Inc. (NASDAQ: CDLX) reported third-quarter 2020 results, showing revenue of $46.1 million, down 18% year-over-year from $56.4 million. Billings also decreased by 25% to $62.1 million, while gross profit fell 30% to $14.6 million. Net loss increased to $(15.4) million, or $(0.56) per diluted share, compared to $(7.7) million in Q3 2019. Despite challenges, the company highlights a 26% rise in Financial Institution Monthly Active Users (FI MAUs) to 161.6 million. For Q4 2020, Cardlytics expects revenue between $55.0 and $62.0 million.
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