secwatch.observer — SEC 8-K summary
======================================

Issuer:     Cardlytics, Inc. (CDLX)
CIK:        0001666071
Form:       8-K
Filed at:   2023-03-01T23:59:59+00:00
Accession:  0001666071-23-000026
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cardlytics Q4 revenue down 8.4% to $82.5M; GAAP net loss $378.3M, guides Q1 weak
--------------------------------------------------------------------------------

- Q4 revenue $82.5M (-8.4% YoY); net loss $(378.3)M or $(11.32)/diluted share vs $(0.35) in Q4 2021.
- Non-GAAP net loss $(9.7)M ($(0.29)/share) vs $(5.0)M ($(0.15)) in Q4 2021.
- Adjusted EBITDA loss $(6.1)M vs positive $2.6M in Q4 2021; full year adjusted EBITDA loss $(45.2)M.
- Q1 2023 guidance: revenue $54-63M, adjusted EBITDA loss $(17)-$(10)M.
- Bridg ARR $23.1M (+51.3% YoY); MAUs 182.7M (+4.2%); ARPU $0.45 (-7.8%).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1666071/000166607123000026/0001666071-23-000026-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1666071/000166607123000026/cdlx-20230301.htm
  HTML page:      https://secwatch.observer/filing/0001666071-23-000026

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer