Cardlytics: Fourth Quarter Financial Overview

Cardlytics Announces Fourth Quarter Financial Results

Cardlytics, Inc. (CDLX), headquartered in Atlanta, revealed on Wednesday that it experienced a net loss of $8.3 million during the fourth quarter.

The company indicated that this equates to a loss of 15 cents per share for the period.

Fourth quarter revenue reached $56.1 million.

For the full fiscal year, Cardlytics reported a total loss of $103.5 million, translating to $1.95 per share. Annual revenue amounted to $233.3 million.

Looking ahead to the first quarter ending in March, Cardlytics anticipates revenue will fall between $35 million and $40 million.

This article was produced by Automated Insights using information from Zacks Investment Research.