NASDAQ$CDLX

Cardlytics Inc · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

Cardlytics experienced double-digit revenue growth, driven by solid performance despite economic challenges.

Cardlytics announced its Q3 2022 financial results, demonstrating a 12% year-over-year revenue increase to $72.7 million. The company reported a net income attributable to common stockholders of $6.3 million, or $0.19 per diluted share, compared to a net loss of $(44.5) million, or $(1.35) per diluted share in Q3 2021.

  • Revenue increased by 12% year-over-year to $72.7 million.
  • Billings increased by 12% year-over-year to $110.4 million.
  • Net income attributable to common stockholders was $6.3 million, or $0.19 per diluted share.
  • Cardlytics MAUs increased by 8% year-over-year to 184.7 million.

Headline financials

Total Revenue

$72.7M

Previous: $65M+11.9%
EPS (adj)

-$0.50

Previous: -$0.33-51.5%
Capital Expenditures

-$1.09M

Previous: -$2.15M+49.2%
Free Cash Flow

$5.18M

Previous: -$46.7M+111.1%
Net Income

$6.27M

Previous: -$44.5M+114.1%
Operating Income

$11.5M

Previous: -$39.8M+128.9%
Gross Profit

$72.7M

Previous: $65M+11.9%
Cash & Equivalents

$139M

Previous: $237M-41.6%
Total Assets

$1.07B

Previous: $1.22B-12.9%
Stock-Based Comp

$5.77M

Previous: $16.8M-65.7%

Revenue & EPS history

Cardlytics · Revenue · Quarterly

$72.7M

Q3 2022+11.9%vs Q3 2021
Beat estimate in 9 of 14 quarters(64%)
ActualEstimate

Forward guidance

Cardlytics anticipates billings to be between $120.0 million and $132.0 million, revenue between $80.0 million and $90.0 million, and adjusted contribution between $38.0 million and $44.0 million for Q4 2022.

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 2022

Historical avgQ3 2022

-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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