Cardlytics (CDLX) Reports Prelim. 4Q Revenue Results Above Consensus

Cardlytics, Inc., (NASDAQ: CDLX) today announced preliminary financial results and FI MAUs for the fourth quarter ended December 31, 2018 in advance of participating in two upcoming investor conferences.

Preliminary Results for the Fourth Quarter 2018

• Total revenue is expected to be between $47.0 and $48.0 million.
• FI MAUs for the fourth quarter are expected to exceed 80.0 million.

The definition of FI MAUs is included below under the caption “Other Performance Metrics.”

Scott Grimes, CEO & Co-Founder of Cardlytics commented: “We are pleased with our revenue performance in the fourth quarter, which is expected to be above our prior guidance. In addition, we had strong MAU growth in the fourth quarter and expect that growth to continue into 2019. We will share additional information on our upcoming earnings call on March 5th.”

The foregoing expected results are preliminary and are subject to change based on the completion of the Company’s quarter-end review process. These preliminary financial results include calculations or figures that have been prepared internally by management and have not been reviewed or audited by the Company’s auditors. The Company will report full fourth quarter 2018 results on March 5, 2019.

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