---
schema_version: "secwatch.filing_event.v1"
accession: "0001666071-23-000045"
form_type: "8-K"
ticker: "CDLX"
cik: "0001666071"
company_name: "Cardlytics, Inc."
filed_at: "2023-04-04T23:59:59+00:00"
generated_at: "2026-06-17T06:30:07.520169+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Cardlytics raises Q1 2023 guidance: revenue $63.5-66.5M, Adj EBITDA loss narrows to $5-8M

## Summary
- Billings guidance raised to $93-97M from $84-93M; revenue to $63.5-66.5M from $54-63M.
- Adjusted contribution guidance improved to $30-33M from $26-31M.
- Adjusted EBITDA loss guidance narrowed to $5-8M from $10-17M, better than expected.
- CEO Karim Temsamani cites product-led shift and $3.5M one-time cost savings as drivers.

## SEC filing metadata
- accession: 0001666071-23-000045
- form_type: 8-K
- ticker: CDLX
- cik: 0001666071
- company_name: Cardlytics, Inc.
- filed_at: 2023-04-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1666071/000166607123000045/0001666071-23-000045-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1666071/000166607123000045/cdlx-20230404.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001666071-23-000045
- JSON: https://secwatch.observer/filing/0001666071-23-000045.json
- Plain text: https://secwatch.observer/filing/0001666071-23-000045.txt

## Key facts
- Earnings Releases
  Cardlytics, Inc. reported the quarter ended March 31, 2023 results: revenue $63.5 - $66.5. Guidance raised.
  - Period: the quarter ended March 31, 2023
  - Revenue: $63.5 - $66.5
  - Guidance: raised
  - Result: guidance update
  source text: EBITDA to be in the following ranges (in millions): Q1 2023 Previously Reported Guidance Q1 2023 Updated Guidance Billings $84.0 - $93.0 $93.0 - $97.0 Revenue $54.0 - $63.0 $63.5 - $66.5 Adjusted contribution $26.0 - $31.0 $30.0 - $33.0 Adjusted EBITDA ($17.0) - ($10.0) ($8.0) - ($5.0) "Despite a difficult macroeconomic environment, our shift to a
  evidence_url: https://www.sec.gov/Archives/edgar/data/1666071/000166607123000045/0001666071-23-000045-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.