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 Inc (CDLX) generates news across strategic partnerships, platform developments, and financial performance as the company navigates the evolving digital advertising landscape. The company's quarterly earnings announcements provide insights into advertiser demand for purchase-based marketing, platform engagement metrics, and the performance of banking partnerships that power its rewards ecosystem.
Product launches and platform expansions represent another significant news category for Cardlytics. The company regularly announces new features, partnerships with financial institutions or retailers, and enhancements to its data analytics capabilities. These developments signal the company's efforts to expand beyond traditional banking rewards into retail media networks and broaden its advertiser base.
Organizational changes, including workforce adjustments and leadership appointments, also drive material news for CDLX. Given the company's position in the competitive marketing technology sector, strategic realignments and cost optimization initiatives often indicate shifts in business priorities or responses to market conditions. Investors tracking Cardlytics follow these announcements to understand how the company adapts its operations amid changing advertiser budgets and digital marketing trends.
Cardlytics reported strong Q4 2021 results, with total revenue of $90.0 million, a 34.2% increase year-over-year. Billings reached $134.0 million, up 42.6%, marking the highest billings quarter ever. However, the net loss attributable to common stockholders widened to $(11.8) million, or $(0.35) per share. For the full year, total revenue was $267.1 million, up 42.9%, with an annual net loss of $(128.6) million. Despite the losses, the company expects broad recovery and growth exceeding 30% in the long term.
Cardlytics (NASDAQ: CDLX) has extended the PNC Purchase Payback program, enhancing customer rewards for PNC Bank's client base. Introduced in 2011, this loyalty initiative provides cash back offers reaching up to 20% from major brands like Starbucks and McDonald's. The partnership enables Cardlytics to leverage insights from over $3.5 trillion in annual consumer spending, positioning the company as a significant player in digital advertising. With a user base exceeding 170 million, Cardlytics aims to foster deeper customer relationships for its banking partners.
Cardlytics, Inc. (NASDAQ: CDLX) announced its fourth quarter financial results for the period ending December 31, 2021, set to be released on March 1, 2022, after market close. A conference call will follow at 5:00 PM ET to discuss the financial outcomes. Investors can access the live audio webcast via the Cardlytics Investor Relations website. A replay of the call will also be made available shortly after its conclusion. As a leader in digital advertising, Cardlytics collaborates with financial institutions to enhance customer loyalty through rewards programs.
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.
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