secwatch.observer — SEC 8-K summary
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Issuer:     Cardlytics, Inc. (CDLX)
CIK:        0001666071
Form:       8-K
Filed at:   2024-11-06T23:59:59+00:00
Accession:  0001666071-24-000166
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cardlytics Q3 revenue $67.1M beats high end of guide; net loss $145.2M; Q4 outlook soft
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1666071/000166607124000166/0001666071-24-000166-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1666071/000166607124000166/cdlx-20241106.htm
  HTML page:      https://secwatch.observer/filing/0001666071-24-000166

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