---
schema_version: "secwatch.filing_event.v1"
accession: "0001666071-24-000092"
form_type: "8-K"
ticker: "CDLX"
cik: "0001666071"
company_name: "Cardlytics, Inc."
filed_at: "2024-05-08T23:59:59+00:00"
generated_at: "2026-06-02T10:48:40.649535+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Cardlytics Q1 revenue up 5% to $67.6M, adjusted EBITDA turns positive at $0.2M

## Summary
- Revenue $67.6M (+5% YoY, +8% ex Entertainment); net loss $(24.3)M vs net income $13.6M prior year.
- Adjusted Contribution $37.1M (+20% YoY, +27% ex Entertainment); Adjusted EBITDA $0.2M vs $(6.1M) loss.
- MAUs 168.5M (+7% YoY); ARPU $0.40 vs $0.41.
- Q2 2024 guidance: Billings $115-126M, Revenue $73-81M, Adjusted EBITDA ($3M) to $1M.
- Adjusted net loss per share $(0.09) improved from $(0.25) in Q1 2023.

## SEC filing metadata
- accession: 0001666071-24-000092
- form_type: 8-K
- ticker: CDLX
- cik: 0001666071
- company_name: Cardlytics, Inc.
- filed_at: 2024-05-08T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1666071/000166607124000092/0001666071-24-000092-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1666071/000166607124000092/cdlx-20240508.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001666071-24-000092
- JSON: https://secwatch.observer/filing/0001666071-24-000092.json
- Plain text: https://secwatch.observer/filing/0001666071-24-000092.txt

## Key facts
- Earnings Releases
  Cardlytics, Inc. reported first quarter ended March 31, 2024 results: revenue $67.6 million, net income $(24.3) million, EPS $(0.56) per diluted share. Guidance initiated.
  - Period: first quarter ended March 31, 2024
  - Revenue: $67.6 million
  - Net income: $(24.3) million
  - EPS: $(0.56) per diluted share
  - Guidance: initiated
  - Result: reported results
  source text: we delivered another quarter of positive Adjusted EBITDA, in addition to making material improvement to our balance sheet.” First Quarter 2024 Financial Results • Revenue was $67.6 million, an increase of 5% year-over-year, or 8% excluding Entertainment. • Billings, a non-GAAP metric, was $105.2 million, an increase of 10% year-over-year, or 12% excluding
  evidence_url: https://www.sec.gov/Archives/edgar/data/1666071/000166607124000092/0001666071-24-000092-index.htm

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