NASDAQ$CDLX
Cardlytics Inc · Q2 2020 earnings
Q2 2020 earnings · · Investor relations
Briefing
Cardlytics' financial results for Q2 2020 were announced, revealing a decrease in revenue compared to the same quarter last year, but the company is optimistic about narrowing year-over-year declines in the second half of the year.
Cardlytics reported a revenue of $28.2 million, a 42% decrease year-over-year. The company's FI MAUs increased by 31% to 157.2 million, but ARPU decreased by 55% to $0.18. The company is optimistic about long-term growth due to the launch of Wells Fargo and progress in product development initiatives.
- Revenue decreased by 42% year-over-year to $28.2 million.
- FI MAUs increased by 31% year-over-year to 157.2 million.
- ARPU decreased by 55% year-over-year to $0.18.
- Net loss attributable to common stockholders was $(19.8) million, or $(0.73) per diluted share.
Headline financials
Revenue & EPS history
Cardlytics · Revenue · Quarterly
$28.2M
Forward guidance
Cardlytics anticipates narrowing year-over-year declines in the second half of 2020, driven by the completion of the Wells Fargo launch and advancements in product development.
Tailwinds
- Consumer spending recovered throughout the quarter.
- Optimistic about narrowing year-over-year declines in the second half of 2020.
- Completed launch of Wells Fargo, expanding reach to more than 150 million MAUs.
- Extensive progress on product development initiatives.
- Self-service and automation platform is now being tested with several agencies.
Headwinds
- Slight pause in consumer spending in recent weeks.
- Revenue decreased by 42% year-over-year.
- Billings decreased by 46% year-over-year.
- Gross profit decreased by 55% year-over-year.
- Adjusted EBITDA was a loss of $(7.7) million compared to a loss of $(0.6) million in the second quarter of 2019.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2020
-6.1%
Avg return
Earnings day
-6.2%
Avg return
5 days after
+14.5%
Avg return
30 days after
47%
16 / 34 earnings
Positive
+68.6%
Q4 2023
Best reaction
-59.6%
Q2 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -2.0% | -15.0% | +654.7% | |
| Q4 2025 | -9.9% | -21.8% | +25.6% | |
| Q3 2025 | -28.5% | -16.5% | -37.5% | |
| Q1 2025 | -13.0% | -2.8% | -17.1% | |
| Q4 2024 | +4.5% | +18.7% | -25.3% | |
| Q3 2024 | -13.2% | -3.0% | -15.8% | |
| Q2 2024 | -59.6% | -51.9% | -53.1% | |
| Q1 2024 | -39.8% | -40.8% | -43.4% | |
| Q4 2023 | +68.6% | +64.0% | +57.8% | |
| Q3 2023 | -55.7% | -47.6% | -40.1% | |
| Q2 2023 | +15.7% | +21.2% | +42.8% | |
| Q1 2023 | -26.0% | -29.4% | -29.9% | |
| Q4 2022 | -10.8% | -9.4% | -37.7% | |
| Q3 2022 | -52.2% | -51.2% | -52.9% | |
| Q2 2022 | +18.3% | +10.6% | -7.6% | |
| Q1 2022 | +10.2% | -8.5% | -24.2% | |
| Q4 2021 | +5.7% | -7.1% | -5.2% | |
| Q3 2021 | +6.7% | +8.3% | -20.4% | |
| Q2 2021 | -32.5% | -29.2% | -22.3% | |
| Q1 2021 | -20.6% | -24.8% | -24.2% | |
| Q4 2020 | +1.2% | -3.3% | -17.2% | |
| Q3 2020 | +2.9% | +22.7% | +56.5% | |
| Q2 2020 | -9.1% | -8.9% | +0.8% | |
| Q1 2020 | +13.0% | +8.9% | +50.9% | |
| Q4 2019 | -36.4% | -43.7% | -64.3% | |
| Q3 2019 | +43.6% | +42.9% | +44.4% | |
| Q2 2019 | +20.0% | +24.1% | +39.8% | |
| Q1 2019 | +20.9% | +14.8% | +47.1% | |
| Q4 2018 | -5.6% | -11.7% | -7.2% | |
| Q3 2018 | -24.9% | -19.9% | -29.3% | |
| Q2 2018 | +0.3% | +3.0% | +27.3% | |
| Q2 2017 | +0.3% | +3.0% | +27.3% | |
| Q1 2018 | -1.0% | -7.4% | +6.5% | |
| Q4 2017 | +1.0% | +0.5% | -13.6% | |
| Q3 2017 | — | — | — | |
| Q1 2017 | — | — | — | |
| Q4 2016 | — | — | — | |
| Q3 2016 | — | — | — | |
| Q2 2016 | — | — | — | |
| Q1 2016 | — | — | — |
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