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Jun 30, 2024
Cardlytics Q2 2024 Earnings Report
Cardlytics' financial results were announced for the second quarter ended June 30, 2024.
Key Takeaways
Cardlytics reported a revenue of $69.6 million, a decrease of 9% year-over-year. The company's MAUs increased by 3% year-over-year, reaching 165.5 million, while ARPU decreased to $0.42. The company is focused on modernizing its platform and confident in long term growth.
Revenue was $69.6 million, a decrease of 9% year-over-year.
Billings were $110.4 million, an increase of 1% year-over-year.
Net Loss was $(4.3) million, or $(0.09) per diluted share.
Cardlytics MAUs were 165.5 million, an increase of 3% year-over-year.
Cardlytics
Cardlytics
Forward Guidance
Cardlytics anticipates Billings, Revenue, Adjusted Contribution and Adjusted EBITDA to be in the following ranges for Q3 2024.