Cardlytics (CDLX) Reports In-Line Q2 EPS

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Cardlytics Announces Second Quarter 2021 Financial Results

August 3, 2021 4:05 PM EDT

ATLANTA, Aug. 03, 2021 (GLOBE NEWSWIRE) -- Cardlytics, Inc. (NASDAQ: CDLX), a digital advertising platform, today announced financial results for the second quarter ended June 30, 2021. Supplemental information is available on the Investor Relations section of the Cardlytics' website at http://ir.cardlytics.com/.

While we grew Cardlytics platform billings 111% and adjusted contribution 123% year-over-year, we fell below our guidance. This was driven by us forecasting a faster recovery than was realized due to labor shortage and supply chain challenges in retail, restaurant and travel, said Lynne... More