---
schema_version: "secwatch.filing_event.v1"
accession: "0001666071-24-000129"
form_type: "8-K"
ticker: "CDLX"
cik: "0001666071"
company_name: "Cardlytics, Inc."
filed_at: "2024-08-07T23:59:59+00:00"
generated_at: "2026-05-31T11:48:34.587831+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Cardlytics Q2 revenue down 9% to $69.6M, CEO Temsamani resigns, Gupta appointed

## Summary
- Q2 2024: Revenue $69.6M (-9% YoY); net loss $4.3M vs $23.5M loss YoY; adjusted EBITDA loss $2.3M.
- Billings $110.4M (+1% YoY); MAUs 165.5M (+3% YoY).
- Q3 2024 guidance: Revenue $56-63M (-29% to -20% YoY); Adjusted EBITDA loss $6.0-3.5M.
- CEO Karim Temsamani resigns effective Aug 16; COO Amit Gupta appointed CEO and to Board.
- Gupta previously COO and GM of Bridg; was with Stripe and Google; Temsamani departure not due to disagreement.

## SEC filing metadata
- accession: 0001666071-24-000129
- form_type: 8-K
- ticker: CDLX
- cik: 0001666071
- company_name: Cardlytics, Inc.
- filed_at: 2024-08-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1666071/000166607124000129/0001666071-24-000129-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1666071/000166607124000129/cdlx-20240805.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001666071-24-000129
- JSON: https://secwatch.observer/filing/0001666071-24-000129.json
- Plain text: https://secwatch.observer/filing/0001666071-24-000129.txt

## Key facts
- Executive change
  Amit Gupta was appointed as member of the Board of Directors at Cardlytics, Inc..
  - Action: appointed
  - Role: member of the Board of Directors
  source text: the Board also approved the appointment of Mr. Gupta to the Board, effective as of the Effective Date.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1666071/000166607124000129/0001666071-24-000129-index.htm
- Executive change
  Karim Temsamani resigned as Chief Executive Officer at Cardlytics, Inc..
  - Action: resigned
  - Role: Chief Executive Officer
  source text: Karim Temsamani notified the Company of his intent to resign as the Company’s Chief Executive Officer and as a member of the Board of Directors of the Company (the “Board”), each effective as of August 16, 2024
  evidence_url: https://www.sec.gov/Archives/edgar/data/1666071/000166607124000129/0001666071-24-000129-index.htm
- Executive change
  Amit Gupta was appointed as Chief Executive Officer at Cardlytics, Inc..
  - Action: appointed
  - Role: Chief Executive Officer
  source text: the Board approved the appointment of Amit Gupta, currently the Company’s Chief Operating Officer, as the Company’s Chief Executive Officer and principal executive officer, each effective as of the Effective Date.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1666071/000166607124000129/0001666071-24-000129-index.htm

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