Cardlytics - CDLX STOCK NEWS

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.

Cardlytics (NASDAQ: CDLX) will announce its first-quarter financial results for 2021 on May 4, after market close. A conference call will follow at 5 PM ET. The company specializes in digital advertising through banking channels, providing insights into consumer spending for effective marketing. Recently, it acquired Dosh and has signed a definitive agreement to acquire Bridg, enhancing its service offerings. Cardlytics aims to deepen banking relationships via customer loyalty programs.

Cardlytics (NASDAQ: CDLX) announced its plan to acquire Bridg, a customer data platform, for approximately $350 million in cash. This strategic move will integrate Bridg's SKU-level insights with Cardlytics' advertising platform, enhancing marketers' ability to understand and reach consumers effectively. The acquisition aims to create a self-serve marketing solution for over 163 million monthly active users. Additionally, Cardlytics may make further earnout payments between $100 million to $300 million based on Bridg's performance.

On March 9, 2021, Cardlytics (NASDAQ: CDLX) announced the completion of its $275 million acquisition of Dosh, a cash-back offers platform. This strategic move aims to enhance Cardlytics’ digital advertising capabilities by integrating Dosh's innovative platform with its existing audience of over 163 million monthly active users. Dosh will continue to operate separately under its CEO, Ryan Wuerch, while reporting to Cardlytics' CEO, Lynne Laube. This acquisition marks Cardlytics' first in its 13-year history, potentially driving growth in advertising partnerships.