Cardlytics Inc (CDLX) delivered earnings and revenue surprises of -18.18% and 5.25%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
Cardlytics Inc. (NASDAQ: CDLX), which went public in February 2018, works with brands like Starbucks and banks like Chase to deliver ads to specific consumers. Co-founder and Chief Operating Officer Lynne Laube, 50, will take over as CEO from Scott Grimes, who is moving to executive chairman of the board, a newly created role, the company announced Tuesday afternoon. Cardlytics Board Chairman John Balen will become Lead Independent Director.
ATLANTA, April 27, 2020 -- Cardlytics, Inc., (NASDAQ: CDLX), a purchase intelligence platform that makes marketing more relevant and measurable, today announced that its first.
ATLANTA, March 13, 2020 -- Cardlytics (NASDAQ: CDLX), a purchase intelligence platform that makes marketing more relevant and measurable, filed Form 8-K with the SEC this week,.
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Cardlytics Inc. shares plummeted more than 25% in the extended session Tuesday after the company announced an executive shakeup and earnings. Cardlytics said that co-founder and current Chief Operating Officer Lynne Laube would take over the chief executive job May 15. Current CEO Scott Grimes will become the executive chairman of the board. On March 4, Chief Financial Officer David Evans will move to the chief administrative officer job and Andy Christiansen will take over as CFO. The company reported fourth-quarter net income of $3.4 million, or 12 cents a share, compared with a loss of $11.6 million, or 53 cents a share, in the year-ago period. Revenue rose to $69.3 million from $47.8 million in the year-ago period. Analysts surveyed by FactSet had estimated a loss of 18 cents a share on revenue of $64.6 million. For the first quarter, analysts model a loss of 27 cents a share and sales of $54.1 million. The company said it expected first quarter revenue of $43.5 million to $46.5 million. Cardlytics stock has gained more than 300% in the past year, with the S&P 500 index rising 10.2%.
Cardlytics (NASDAQ: CDLX), a company that uses purchase information to help marketing providers improve their rewards programs and other customer services, jumped 22% early Tuesday after releasing a solid first-quarter result. Cardlytics' adjusted loss per share checked in at $0.26, worse than the prior year's $0.23 adjusted per-share loss, and wider than analysts' estimates of a $0.21 adjusted per-share loss. "We delivered solid first quarter results, with billings, revenue and adjusted contribution in the upper half of our prior guidance," said Scott Grimes, CEO and co-founder of Cardlytics, in a press release.
ATLANTA, May 11, 2020 -- Cardlytics, Inc. (NASDAQ: CDLX), a purchase intelligence platform that makes marketing more relevant and measurable, today announced financial results.
Cardlytics, Inc. (CDLX) has been upgraded to a Zacks Rank 1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
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During the "Lightning Round" segment of Mad Money Thursday night, one caller asked Jim Cramer about Cardlytics : "This looks like the right price to buy into this one," said Cramer. Let's check the charts of this purchase intelligence platform that lets marketers reach consumers in their online and mobile banking channels.
Today is shaping up negative for Cardlytics, Inc. (NASDAQ:CDLX) shareholders, with the analysts delivering a...
Ladies and gentlemen, thank you for standing by, and welcome to the First Quarter 2020 Cardlytics, Inc. Earnings Conference Call. With that, let me turn the call over to Scott Grimes, Cardlytics' CEO and Co-Founder.
ATLANTA, Ga., May 07, 2020 -- Cardlytics, Inc., (NASDAQ: CDLX), a purchase intelligence platform that makes marketing more relevant and measurable, today announced it will.
TORONTO , April 29, 2020 /CNW Telbec/ - Aimia Inc. (AIM.TO) and Kognitiv Corporation announce that they have entered into an agreement to merge Aimia's Loyalty Solutions business with Kognitiv Corporation. The merger creates a new and transformative technology and loyalty solutions company that redefines how loyalty programs, merchants, and consumer brands interact to enrich member engagement, enhance consumer loyalty and deliver stronger yields to the businesses it serves.
The Georgia Republican, whose joint account is managed by a third party, also noted purchases of Micron and Cardlytics stock in March. The account also sold significant amounts of Kroger stock.
Is (CDLX) Outperforming Other Business Services Stocks This Year?
Cardlytics, Inc. (NASDAQ:CDLX) shareholders might understandably be very concerned that the share price has dropped...
Cardlytics, Inc. (CDLX) delivered earnings and revenue surprises of 125.00% and -0.04%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
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