earnings
confidence high
sentiment positive
materiality 0.70
Cardlytics Q2 net loss narrows to $23.5M; revenue up 2% YoY to $76.7M
Cardlytics, Inc.
2024-Q2 EPS reported
-$0.29
revenue$141,032,000
- Revenue $76.7M (+2% YoY); gross profit $30.5M (+13% YoY).
- Net loss attributable to common stockholders $23.5M ($0.67/share) vs $126.3M ($3.75/share) YoY.
- Adjusted EBITDA loss improved to $4.1M from $15.8M loss in Q2 2022.
- MAUs grew 5% to 188.1M; ARPU flat at $0.38.
- Q3 2023 guidance: revenue $75-84M, adjusted EBITDA $(2M) to $2M.