earnings
confidence high
sentiment negative
materiality 0.75
Cardlytics Q3 revenue $67.1M beats high end of guide; net loss $145.2M; Q4 outlook soft
Cardlytics, Inc.
2024-Q3 EPS reported
-$3.66
revenue$204,301,000
- Revenue $67.1M, down 15% YoY (13% ex Entertainment); beat high end of guidance.
- Net loss $(145.2)M or $(2.90)/diluted share vs $(24.0)M loss a year ago; adjusted net loss $(0.15)/share.
- Adjusted EBITDA loss $(1.8)M vs gain $3.9M in Q3 2023; billings $112.0M, down 4% YoY.
- MAUs 166.4M (+2% YoY); ARPU $0.40 vs $0.49 in prior year quarter.
- Q4 2024 guidance: billings $102-108M, revenue $62-67M, adjusted EBITDA loss $(5)-$(1)M.