Cardlytics Announces Fourth Quarter and Fiscal Year 2018 Financial Results

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Cardlytics (CDLX) Tops Q4 EPS by 11c, Revenues Beat; Offers Q1 Revenue Guidance Below Consensus

March 5, 2019 4:06 PM EST

Cardlytics (NASDAQ: CDLX) reported Q4 EPS of ($0.06), $0.11 better than the analyst estimate of ($0.17). Revenue for the quarter came in at $47.8 million versus the consensus estimate of $45.77 million.

Our strong fourth quarter results cap off an exciting and transformational year for Cardlytics, having completed our IPO in February 2018 and solidifying agreements with both the number one and the number three largest banks in the U.S. to launch Cardlytics Direct, said Scott Grimes, CEO & Co-Founder of Cardlytics. We believe our scale, unique capabilities, and ongoing investments in our business will enable us to deliver... More