Commerce media platform Cardlytics' Q3 revenue misses estimates

Cardlytics

05/11/2025 21:36

Overview

Cardlytics Q3 revenue declines 22% yr/yr, missing analyst expectations

Adjusted EBITDA for Q3 improves to $3.2 mln from $(1.8) mln last year

Company reports net cash provided by operating activities of $1.8 mln

Outlook

Cardlytics expects Q4 2025 revenue between $51.1 mln and $59.1 mln

Company forecasts Q4 2025 Billings between $86.0 mln and $96.0 mln

Cardlytics projects Q4 2025 Adjusted EBITDA between $0.9 mln and $7.9 mln

Result Drivers

STRATEGIC INITIATIVES - CEO Amit Gupta states the company is taking decisive actions to reset business and improve financial health

USER GROWTH - Cardlytics reports 21% increase in monthly qualified users yr/yr, indicating growth in user engagement

FOCUS ON FUNDAMENTALS - Co prioritizes initiatives that build on fundamental strengths and areas where it can win

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Miss
$52.03 mln
$54.30 mln (3 Analysts)
Q3 EPS
-$1.36
Q3 Net Income
-$72.67 mln
Q3 Billings
$89.19 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 4 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the software peer group is "buy."

Wall Street's median 12-month price target for Cardlytics Inc is $1.50, about 15.7% below its November 4 closing price of $1.74

Press Release: ID:nBw3bNxmJa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)