earnings
confidence high
sentiment neutral
materiality 0.75
Cardlytics Q1 revenue $64.3M (-5% YoY); non-GAAP net loss narrows; CFO implies succession
Cardlytics, Inc.
2023-Q1 EPS reported
$0.40
revenue$64,331,000
- Revenue $64.3M (-5% YoY); GAAP net income $13.6M ($0.40 diluted) vs $33.0M ($0.91) last year.
- Non-GAAP net loss $(9.2M) ($0.25) vs $(14.2M) ($0.38); Adjusted EBITDA loss $(6.1M) improved from $(10.5M).
- Cardlytics MAUs 188.8M (+6% YoY); ARPU $0.34; Bridg ARR $21.8M.
- Q2 guidance: Billings $98-109M, Revenue $65-74M, Adjusted EBITDA loss $(10)-$(6)M.
- CFO Andy Christiansen implies succession in earnings release; no replacement announced yet.