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 reports as a Nasdaq-listed commerce media platform that connects advertisers with consumers through publishers’ digital channels and a card-linked offer network. Company updates commonly cover revenue, billings, consumer incentives, partner-share costs, adjusted contribution, Adjusted EBITDA, and guidance tied to advertiser demand and publisher relationships.
Recurring announcements also address governance and equity compensation under its inducement plan, capital-structure matters, and strategic portfolio actions. Recent company history includes the completed divestiture of Bridg, the identity resolution and shopper intelligence platform that had used point-of-sale data for analytics, loyalty marketing, and measurement.
Cardlytics, a leading digital advertising platform, announced its participation at the Raymond James 2021 Technology Investors Conference. The presentation will feature CEO Lynne Laube and CFO Andy Christiansen on December 6, 2021, at 4:00 p.m. ET. The event will be webcast live, and an archive will be available afterward on the company's Investor Relations website. Cardlytics collaborates with financial institutions to enhance customer loyalty through banking rewards programs, using spending insights for targeted advertising.
Cardlytics, Inc. (NASDAQ: CDLX) reported a strong third quarter for 2021, achieving a revenue of $65.0 million, a 41% increase year-over-year.
Billings rose to $98.4 million (+59%), and gross profit increased by 68% to $24.5 million.
However, net loss attributable to common stockholders was $(44.5) million or $(1.35) per diluted share. The company anticipates fourth-quarter revenue between $70.0 - $80.0 million and billings of $105.0 - $120.0 million.
Sliide has launched a new Cashback rewards program in the U.S., allowing smartphone users to earn cash rewards at over 10,000 retailers, including Walmart and Pizza Hut. The program, developed in partnership with Cardlytics, provides users with cash for purchases made using linked debit or credit cards. Subscribers can redeem their rewards as cash, retail vouchers, or additional voice and data. This initiative aims to enhance user engagement and generate revenue for mobile partners while being easy to use via an integrated app.
Cardlytics, Inc. (NASDAQ: CDLX) announced the release of its third-quarter financial results for the period ending September 30, 2021, on November 2, 2021, after market close. A conference call for discussion of the results will be held at 5:00 PM ET. Investors can access a live audio webcast on the company's Investor Relations website. A replay will be available until November 9, 2021. Cardlytics partners with financial institutions to run banking rewards programs, using consumer spending insights to optimize marketing campaigns.
Cardlytics (NASDAQ: CDLX) announced the appointment of Chris Suh, former CFO of Microsoft's Cloud+ AI Group, to its Board of Directors and Audit Committee. With 25 years at Microsoft, Suh brings valuable experience in scaling digital platforms and enhancing user experience. His expertise in financial operations and cloud business is expected to support Cardlytics' transition to recurring revenue models. CEO Lynne Laube emphasized Suh's potential contributions to the company's growth strategy and AI applications.
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.