Cardlytics Announces Third Quarter 2019 Financial Results

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Cardlytics (CDLX) Tops Q3 EPS by 18c, Revenues Beat; Offers FY19 Revenue Guidance Above Consensus

November 12, 2019 4:17 PM EST

Cardlytics (NASDAQ: CDLX) reported Q3 EPS of $0.03, $0.18 better than the analyst estimate of ($0.15). Revenue for the quarter came in at $56.4 million versus the consensus estimate of $50.06 million.

We delivered strong third quarter results that exceeded our guidance across all key metrics, and we are raising our full year 2019 outlook, said Scott Grimes, CEO & Co-Founder of Cardlytics. We are also pleased with our progress towards a phased launch of Wells Fargo beginning later this month. Our third quarter and year to date performance reflects our teams strong execution and we remain very well-positioned to deliver... More