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Cardlytics: Q1 Earnings Snapshot
By AP News - May 04, 2023, 05:37 PM ET
Last Updated - Jun 21, 2023, 10:36 PM EDT
ATLANTA (AP) — ATLANTA (AP) — Cardlytics, Inc. (CDLX) on Thursday reported first-quarter net income of $13.6 million.
On a per-share basis, the Atlanta-based company said it had net income of 40 cents. Losses, adjusted for one-time gains and costs, came to 25 cents per share.
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The company posted revenue of $64.3 million in the period.
For the current quarter ending in June, Cardlytics said it expects revenue in the range of $65 million to $74 million.
Cardlytics shares have increased 43% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $8.29, a fall of 78% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a CDLX">Zacks stock report on CDLX at https://www.zacks.com/ap/CDLX
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