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Cardlytics Inc (CDLX)
NASDAQ:CDLX
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Earnings Data
Report Date
Mar 04, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
-$0.47Last Year’s EPS
-$2.36Same Quarter Last Year
Based on 6 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 06, 2024
|% Change Since: -28.79%
|Next Earnings Date:Mar 04, 2025
Earnings Call Sentiment|Neutral
The earnings call indicated a mixed performance for Cardlytics. While there were positive developments in the UK market, growth in the advertiser base, and progress with engagement-based pricing, these were offset by challenges such as decreased billings, under-delivery issues, and significant anticipated declines in Q4. As such, the sentiment is cautious, with a focus on addressing delivery and financial challenges.Company Guidance
During the Cardlytics Q3 2024 earnings call, the company provided guidance on several key metrics and strategic initiatives. Despite a 2% year-over-year decrease in total billings to $112 million, Cardlytics saw a 20% increase in consumer incentives to $44.9 million, demonstrating enhanced user engagement. Revenue for the quarter was $67.1 million, marking a 13% decline, which was attributed to delivery challenges. The company reported an adjusted contribution of $36.4 million, reflecting a margin of 54%, up 1% from the previous year. For Q4, Cardlytics anticipates billings of $102 million to $108 million and revenue between $62 million and $67 million. The company remains focused on improving delivery systems and expanding its network through new financial partnerships. The transition to engagement-based pricing is progressing, with 38% of total billings in Q3 adopting this model, and the company expects a majority transition by the end of 2025. Cardlytics is also optimistic about its UK operations, expecting continued double-digit growth, and plans to enhance its US footprint through strategic partnerships and technology investments.Increase in Consumer Incentives
Consumer incentives increased by 20% to $44.9 million, indicating strong engagement with offers.
Growth in UK Market
The UK market saw strong double-digit revenue growth at 33% and achieved the highest amount of consumer rewards in its history.
Expansion of Advertiser Base
Signed 26 new brands in Q3, an increase of 27% compared to the previous period, and new advertiser verticals explored.
Progress in Engagement-Based Pricing
51% of U.S. advertisers in Q3 are on engagement-based pricing, with expectations for the majority to transition by the end of next year.
Successful Onboarding of New Partner
On track to launch with a large financial institution in the U.S. by the end of the year, expected to expand audience reach.
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CDLX Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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CDLX Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 06, 2024 | $5.21 | $4.07 | -21.88% |
| Aug 07, 2024 | $6.90 | $2.96 | -57.10% |
| May 08, 2024 | $14.60 | $9.27 | -36.51% |
| Mar 14, 2024 | $8.18 | $14.50 | +77.26% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Cardlytics Inc (CDLX) report earnings?
Cardlytics Inc (CDLX) is schdueled to report earning on Mar 04, 2025, TBA Not Confirmed.
What is Cardlytics Inc (CDLX) earnings time?
Cardlytics Inc (CDLX) earnings time is at Mar 04, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CDLX EPS forecast?
CDLX EPS forecast for the fiscal quarter 2024 (Q4) is -$0.47.
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