secwatch.observer — SEC 8-K summary
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Issuer:     Cardlytics, Inc. (CDLX)
CIK:        0001666071
Form:       8-K
Filed at:   2025-08-06T23:59:59+00:00
Accession:  0001666071-25-000124
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cardlytics Q2 revenue down 9% YoY to $63.2M; net loss widens; Q3 guidance weak
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- Revenue $63.2M, -9% YoY; billings $104M, -6%; adjusted contribution $36.1M, -1%.
- Net loss $(9.3)M ($0.18/diluted share) vs $(4.3)M ($0.09) a year ago.
- Adjusted EBITDA improved to $2.7M from $(2.3)M; MQUs up 19% to 224.5M.
- Q3 guidance: billings $87-95M (-22% to -15%), revenue $52.2-$58.2M, adjusted EBITDA ($2.3M) to $2.7M.
- Free cash flow negative $(3.4)M vs $(0.4)M; ACPU fell to $0.14 from $0.16.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1666071/000166607125000124/0001666071-25-000124-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1666071/000166607125000124/cdlx-20250806.htm
  HTML page:      https://secwatch.observer/filing/0001666071-25-000124

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