Recap: Cardlytics Q1 Earnings

Cardlytics (NASDAQ:CDLX) reported its Q1 earnings results on Thursday, May 4, 2023 at 04:05 PM. Here’s what investors…

Cardlytics (NASDAQ:CDLX) reported its Q1 earnings results on Thursday, May 4, 2023 at 04:05 PM.

Here’s what investors need to know about the announcement.

Earnings

Cardlytics beat estimated earnings by 55.36%, reporting an EPS of $-0.25 versus an estimate of $-0.56.

Revenue was down $3.60 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.17 which was followed by a 8.65% drop in the share price the next day.

Here’s a look at Cardlytics’s past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate -0.46 -0.57 -0.46 -0.55
EPS Actual -0.29 -0.50 -0.65 -0.38
Revenue Estimate 83.54M 73.90M 76.56M 64.66M
Revenue Actual 82.50M 72.71M 75.41M 67.93M

To track all earnings releases for Cardlytics visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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