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.
On February 2, 2022, Upgrade launched Upgrade Shopping™, a cashback rewards program aimed at helping consumers counter inflation by offering rewards at over 20,000 merchants, including H&M (6%) and Shake Shack (10%). This program enhances the Upgrade Card's existing rewards, allowing users to earn up to 8.2% cashback. Upgrade has facilitated over $12 billion in credit since 2017, promoting responsible credit use. The service is in partnership with Cardlytics (NASDAQ: CDLX), further integrating consumer benefits into financial services.
Payfare (TSX: PAY) has launched a new rewards program in partnership with Cardlytics (NASDAQ: CDLX) that allows gig workers to earn instant cash back with their Payfare cards. This program enables cardholders to earn cash back automatically while shopping at various brands. The initiative aims to enhance financial empowerment and loyalty for gig workers, which is crucial in the expanding gig economy. Payfare continues to strengthen its digital banking solutions, highlighting the growing importance of financial health in this sector.
Cardlytics (NASDAQ: CDLX), a leading digital advertising platform, will present at the 24th Annual Needham Growth Conference on January 11, 2022, at 3:30 p.m. Eastern Time. The presentation will feature CEO Lynne Laube and CFO Andy Christiansen and will be available via live audio webcast on the company's Investor Relations website. Following the event, a limited-time archive will also be accessible. Cardlytics partners with financial institutions to enhance banking rewards programs and leverage consumer spending data to improve marketing effectiveness.
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.