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Cardlytics: Q2 Earnings Snapshot
By AP News - Aug 08, 2024, 10:15 AM ET
Last Updated - Aug 08, 2024, 10:15 AM EDT
ATLANTA (AP) — ATLANTA (AP) — Cardlytics, Inc. (CDLX) on Wednesday reported a loss of $4.3 million in its second quarter.
On a per-share basis, the Atlanta-based company said it had a loss of 9 cents. Losses, adjusted for non-recurring gains, came to 15 cents per share.
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The company posted revenue of $69.6 million in the period.
For the current quarter ending in September, Cardlytics said it expects revenue in the range of $56 million to $63 million.
Cardlytics shares have dropped 25% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $6.90, a fall of 53% 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 Zacks stock report on CDLX at https://www.zacks.com/ap/CDLX
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