---
schema_version: "secwatch.filing_event.v1"
accession: "0001666071-23-000071"
form_type: "8-K"
ticker: "CDLX"
cik: "0001666071"
company_name: "Cardlytics, Inc."
filed_at: "2023-05-04T23:59:59+00:00"
generated_at: "2026-06-15T22:17:46.519821+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Cardlytics Q1 revenue $64.3M (-5% YoY); non-GAAP net loss narrows; CFO implies succession

## Summary
- 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.

## SEC filing metadata
- accession: 0001666071-23-000071
- form_type: 8-K
- ticker: CDLX
- cik: 0001666071
- company_name: Cardlytics, Inc.
- filed_at: 2023-05-04T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1666071/000166607123000071/0001666071-23-000071-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1666071/000166607123000071/cdlx-20230504.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001666071-23-000071
- JSON: https://secwatch.observer/filing/0001666071-23-000071.json
- Plain text: https://secwatch.observer/filing/0001666071-23-000071.txt

## Key facts
- Earnings Releases
  Cardlytics, Inc. reported first quarter ended March 31, 2023 results: revenue $64.3 million, net income $13.6 million, EPS $0.40 per diluted share.
  - Period: first quarter ended March 31, 2023
  - Revenue: $64.3 million
  - Net income: $13.6 million
  - EPS: $0.40 per diluted share
  - Result: reported results
  source text: for a bright future, and our cost-discipline and responsible investments will allow my successor to hit the ground running." First Quarter 2023 Financial Results • Revenue was $64.3 million, a decrease of (5)% year-over-year, compared to $67.9 million in the first quarter of 2022. • Billings, a non-GAAP metric, was $95.6 million, a decrease of (3)% year-over-year,
  evidence_url: https://www.sec.gov/Archives/edgar/data/1666071/000166607123000071/0001666071-23-000071-index.htm

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