NASDAQ$CDLX

Cardlytics Inc · Q3 2020 earnings

Q3 2020 earnings · · Investor relations

Briefing

Cardlytics' Q3 2020 financial performance saw a year-over-year revenue decrease, but the company expressed optimism about momentum in new business areas and progress in its platform development.

Cardlytics reported a decrease in revenue and billings compared to the third quarter of 2019. Revenue was $46.1 million, an 18% decrease year-over-year, while billings decreased by 25% to $62.1 million. The company's net loss was $(15.2) million, or $(0.56) per diluted share.

  • Revenue decreased by 18% year-over-year to $46.1 million.
  • Billings decreased by 25% year-over-year to $62.1 million.
  • Net loss attributable to common stockholders was $(15.2) million, or $(0.56) per diluted share.
  • FI MAUs increased by 26% to 161.6 million, while ARPU decreased by 34% to $0.29.

Headline financials

Total Revenue

$46.1M

Previous: $56.4M-18.3%
EPS (adj)

-$0.16

Previous: $0.03-633.3%
Capital Expenditures

-$2.69M

Previous: -$4.56M+41.0%
Free Cash Flow

-$18M

Previous: -$12.3M-46.6%
Net Income

-$15.4M

Previous: -$7.75M-98.2%
Operating Income

-$16.1M

Previous: -$6.6M-144.6%
Gross Profit

$46.1M

Previous: $56.4M-18.3%
Cash & Equivalents

$288M

Previous: $95.2M+202.2%
Total Assets

$389M

Previous: $193M+101.5%
Stock-Based Comp

$11.6M

No prior period

Revenue & EPS history

Cardlytics · Revenue · Quarterly

$46.1M

Q3 2020-18.3%vs Q3 2019
Beat estimate in 4 of 14 quarters(29%)
ActualEstimate

Forward guidance

Cardlytics anticipates billings to be between $79.0 million and $89.0 million and revenue to be between $55.0 million and $62.0 million for Q4 2020.

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 Q3 2020

Historical avgQ3 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

Earnings price reactions
QuarterReport dateReaction (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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