secwatch.observer — SEC 8-K summary
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Issuer:     Cardlytics, Inc. (CDLX)
CIK:        0001666071
Form:       8-K
Filed at:   2023-05-04T23:59:59+00:00
Accession:  0001666071-23-000071
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1666071/000166607123000071/0001666071-23-000071-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1666071/000166607123000071/cdlx-20230504.htm
  HTML page:      https://secwatch.observer/filing/0001666071-23-000071

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