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, a digital advertising platform, is set to release its first quarter financial results for the period ending March 31, 2023, on May 4, 2023, after the market close. The company will conduct a conference call at 5:00 PM ET to discuss these results, which can be accessed through their Investor Relations website. Cardlytics collaborates with financial institutions to enhance customer loyalty through rewards programs, providing insights into consumer spending to assist marketers in reaching potential buyers effectively. This strategic focus on data-driven marketing aims to deepen relationships between banks and their customers, with the company headquartered in Atlanta and a presence in major U.S. cities and London.
Cardlytics (NASDAQ: CDLX) updated its Q1 2023 guidance, projecting billings between $93.0 - $97.0 million, revenue of $63.5 - $66.5 million, adjusted contribution at $30.0 - $33.0 million, and improved adjusted EBITDA ranging from ($8.0) to ($5.0) million. CEO Karim Temsamani attributed the optimistic revisions to stronger-than-expected growth in the U.S. market and effective product enhancements. Additionally, the company implemented $3.5 million in one-time cost savings to better manage expenses.
These results are preliminary and subject to change pending final quarter-end reviews.
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