---
schema_version: "secwatch.filing_event.v1"
accession: "0001666071-23-000103"
form_type: "8-K"
ticker: "CDLX"
cik: "0001666071"
company_name: "Cardlytics, Inc."
filed_at: "2023-08-01T23:59:59+00:00"
generated_at: "2026-06-12T18:29:07.744842+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Cardlytics Q2 net loss narrows to $23.5M; revenue up 2% YoY to $76.7M

## Summary
- 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.

## SEC filing metadata
- accession: 0001666071-23-000103
- form_type: 8-K
- ticker: CDLX
- cik: 0001666071
- company_name: Cardlytics, Inc.
- filed_at: 2023-08-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1666071/000166607123000103/0001666071-23-000103-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1666071/000166607123000103/cdlx-20230801.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001666071-23-000103
- JSON: https://secwatch.observer/filing/0001666071-23-000103.json
- Plain text: https://secwatch.observer/filing/0001666071-23-000103.txt

## Key facts
- Earnings Releases
  Cardlytics, Inc. reported second quarter ended June 30, 2023 results: revenue $76.7 million, net income $(23.5) million, EPS $(0.67) per diluted share.
  - Period: second quarter ended June 30, 2023
  - Revenue: $76.7 million
  - Net income: $(23.5) million
  - EPS: $(0.67) per diluted share
  - Result: reported results
  source text: and the organizational changes we are making continue to give our teams room to operate with speed and a clear focus." Second Quarter 2023 Financial Results • Revenue was $76.7 million, an increase of 2% year-over-year, compared to $75.4 million in the second quarter of 2022. • Billings, a non-GAAP metric, was $109.4 million, an increase of 2% year-over-year,
  evidence_url: https://www.sec.gov/Archives/edgar/data/1666071/000166607123000103/0001666071-23-000103-index.htm

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