secwatch.observer — SEC 8-K summary
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Issuer:     Cardlytics, Inc. (CDLX)
CIK:        0001666071
Form:       8-K
Filed at:   2025-05-07T23:59:59+00:00
Accession:  0001666071-25-000067
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cardlytics Q1 revenue down 8% to $61.9M; net loss narrows; Q2 guidance mixed
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- Revenue $61.9M (-8% YoY); net loss $(13.3M) vs $(24.3M) prior year.
- Adjusted EBITDA turned negative at $(4.4M) vs positive $0.2M in Q1 2024.
- Billings $97.6M (-7%); Adjusted Contribution $32.4M (-12%).
- MQUs up 12% to 214.9M; ACPU fell to $0.13 from $0.17.
- Q2 guidance: Billings $100-108M, Adj EBITDA ($4.0)-$1.0M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1666071/000166607125000067/0001666071-25-000067-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1666071/000166607125000067/cdlx-20250507.htm
  HTML page:      https://secwatch.observer/filing/0001666071-25-000067

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