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Cardlytics: Q3 Earnings Snapshot
By AP News - Nov 06, 2024, 04:09 PM ET
Last Updated - Dec 16, 2024, 05:37 PM EST
ATLANTA (AP) — ATLANTA (AP) — Cardlytics, Inc. (CDLX) on Wednesday reported a loss of $145.2 million in its third quarter.
On a per-share basis, the Atlanta-based company said it had a loss of $2.90. Losses, adjusted for non-recurring costs and stock option expense, came to 15 cents per share.
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The company posted revenue of $67.1 million in the period.
For the current quarter ending in December, Cardlytics said it expects revenue in the range of $62 million to $67 million.
Cardlytics shares have decreased 44% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $5.16, a decline of 61% 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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