secwatch.observer — SEC 8-K summary
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Issuer:     Cardlytics, Inc. (CDLX)
CIK:        0001666071
Form:       8-K
Filed at:   2024-05-08T23:59:59+00:00
Accession:  0001666071-24-000092
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1666071/000166607124000092/0001666071-24-000092-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1666071/000166607124000092/cdlx-20240508.htm
  HTML page:      https://secwatch.observer/filing/0001666071-24-000092

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