Exhibit 99.1 Cardlytics Announces Second Quarter 2024 Financial Results Atlanta, GA – August 7, 2024 – Cardlytics, Inc. (NASDAQ: CDLX), a digital advertising platform, today announced financial results for the second quarter ended June 30, 2024. "We continue to believe in the significant growth opportunity as we invest to modernize our platform. We are making progress, but transitions like this take time and these near-term challenges do not change the long-term potential of this business," said Amit Gupta, ...

About Cardlytics Contacts: ATLANTA, July 24, 2024 (GLOBE NEWSWIRE) -- Cardlytics, Inc. (NASDAQ: CDLX), an advertising platform in banks' digital channels, today announced that its second quarter ended June 30, 2024 financial results will be released on August 7, 2024, after market close. The results will be discussed via conference call at 5:00 PM (ET) / 2:00 PM (PT). Investor Relations: ir@cardlytics.com The company invites investors to join a live audio webcast at http://ir.cardlytics.com/ or to dial-in b ...

Cardlytics' Q1 loss may have been bigger than you realize.Shares of advertising technology company Cardlytics (CDLX -34.31%) imploded Thursday morning, falling 32% through 10:15 a.m. ET after reporting what -- in all honesty -- didn't look like much of a miss last night.Expected to report quarterly sales of $71.7 million in Q1, Cardlytics said it booked only $67.6 million in sales. However, Cardlytics actually beat average earnings estimates, losing only $0.09 per share where Wall Street had forecast an $0. ...

Cardlytics (NASDAQ:CDLX) stock is falling on Thursday after the advertising platform operator released its earnings report for the first quarter of 2024.That earnings report starts with revenue of $67.61 million for the quarter. This fails to reach Wall Street’s estimate of $71.69 million in revenue. However, it’s a 5.1% increase year-over-year from $64.33 million.Next, we have the company’s adjusted EPS of -9 cents. That’s better than the -11 cents per share that analysts were expecting. Even so, it’s an i ...

Cardlytics, Inc. (NASDAQ:CDLX) Q1 2024 Earnings Conference Call May 8, 2024 5:00 PM ET Company Participants Nick Lynton - Chief, Legal and Privacy Officer Karim Temsamani - CEO Alexis DeSieno - CFO Conference Call Participants Kyle Peterson - Needham Jason Kreyer - Craig Hallum Jacob Stephan - Lake Street Capital Markets Operator Good day and thank you for standing by. Welcome to the Cardlytics Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speaker's presentati ...

Intellectual Property and Regulatory Compliance - The company had sixteen issued patents related to its software as of the filing date[106] - The California Consumer Privacy Act (CCPA) imposes civil penalties for violations, with damages of up to $7,500 per intentional violation[105] - The company is subject to increased scrutiny from regulators regarding data transfers from the EEA and U.K. to the U.S.[105] - The company relies on a combination of patent, trademark, copyright, and trade secret laws for intellectual property protection, which may not provide a competitive advantage[106] - The company may face fines of up to 20 million euros or 4% of annual global revenue under the EU GDPR for data processing violations[105] - The regulatory framework for online services and data privacy is rapidly evolving, increasing compliance costs for the company[105] - The company is subject to stringent privacy and data security laws, which could adversely affect its business operations and financial results[157] Financial Performance and Metrics - For the three months ended March 31, 2024, Cardlytics Billings increased by $9.6 million to $105.2 million, a 10% increase compared to the same period in 2023[123] - Consolidated Revenue for the same period was $67.6 million, up from $64.3 million, reflecting a growth of approximately 3.5%[125] - Cardlytics Monthly Active Users (MAUs) rose by 10.4 million to 168.5 million, representing a 7% increase year-over-year[133] - Average Revenue per User (ARPU) decreased by $0.01 to $0.40, a decline of 2% compared to the previous year[135] - Adjusted Contribution for the three months ended March 31, 2024, was $37.1 million, up from $30.9 million, indicating a growth of 19%[125] - Gross Profit for the same period increased to $30.9 million from $24.5 million, marking a 26% increase[125] - The company reported a net loss of $24.3 million for the three months ended March 31, 2024, compared to a net income of $13.6 million in the same period last year[135] - Adjusted EBITDA improved to $226,000 from a loss of $6.1 million year-over-year[135] - Free Cash Flow for the period was a negative $22.4 million, worsening from a negative $12.9 million in the same period last year[135] - The top five marketers accounted for 21% of revenue for the three months ended March 31, 2024, up from 16% in the same period in 2023[145] - The company’s revenue and accounts receivable are diversified among a large number of marketers, with no single marketer accounting for over 10% of revenue[145] Stock and Capital Management - The company does not intend to pay dividends for the foreseeable future, focusing instead on retaining earnings for business development[110] - The company may issue additional common stock to raise capital, which could significantly dilute existing shares[112] - The company has provisions in its charter that could make acquisitions more difficult and limit stockholder influence over management[110] - The company sold 3,907,600 shares of common stock at a weighted average price of $12.80, resulting in net proceeds of $48.3 million[184] - The company issued $172.5 million principal amount of 4.25% Convertible Senior Notes due in 2029, with net proceeds estimated at $166.8 million[148] - The company issued convertible senior notes totaling $172.5 million on April 1, 2024, with a net proceeds of approximately $166.8 million after expenses[254] - The company repurchased approximately $183.9 million in aggregate principal amount of the 2020 Convertible Senior Notes using net proceeds from the recent offering[254] Operational and Asset Management - The company has centralized operations in Atlanta, GA; Menlo Park, CA; and New York, NY, which may be vulnerable to natural or man-made disasters[111] - As of March 31, 2024, total assets decreased to $568,951,000 from $574,144,000 as of December 31, 2023, reflecting a decline of approximately 0.3%[171] - Current liabilities significantly reduced to $102,550,000 from $171,149,000, a decrease of approximately 40.2%[171] - Stockholders' equity increased to $199,137,000 as of March 31, 2024, compared to $134,798,000 at the end of 2023, representing an increase of approximately 47.7%[171] - Cash and cash equivalents rose to $97,766,000 from $91,830,000, an increase of approximately 6.5%[171] - The accumulated deficit increased to $(1,135,547,000) from $(1,111,272,000), indicating a worsening of approximately 2.2%[171] - Total liabilities decreased to $369,814,000 from $439,346,000, a reduction of approximately 15.8%[171] - The company has various non-cancellable operating and finance leases with periods expiring between 2024 and 2032, indicating a commitment to maintaining operational infrastructure[228] Research and Development - The company incurred research and development expenses of $13.0 million for the three months ended March 31, 2024, compared to $11.6 million for the same period in 2023, an increase of approximately 12.7%[201] - The company capitalized $1.3 million of stock-based compensation expense for software development during the three months ended March 31, 2024, compared to $0.4 million in the same period of 2023[261] Market and Economic Conditions - Macroeconomic conditions, including inflation and interest rate changes, may negatively impact business growth and advertising spending, affecting overall financial performance[240] - The company continues to focus on incremental revenue generation to support investments in sales and marketing, research and development, and general administration[297] - The financial results indicate a positive trend in revenue growth and improved profitability metrics, suggesting effective cost management strategies[297] - The company is likely to pursue further market expansion and product development initiatives based on the positive financial performance observed[297]

Exhibit 99.1 Key Metrics • Cardlytics MAUs were 168.5 million, an increase of 7% year-over-year, compared to 158.1 million in the first quarter of 2023. • Cardlytics ARPU was $0.40 compared to $0.41 in the first quarter of 2023. Definitions of MAUs and ARPU are included below under the caption "Non-GAAP Measures and Other Performance Metrics." Cardlytics anticipates Billings, Revenue, Adjusted Contribution and Adjusted EBITDA to be in the following ranges (in millions, except for percentage change rates): 2 ...

ATLANTA, April 09, 2024 (GLOBE NEWSWIRE) -- Cardlytics, Inc. (NASDAQ:CDLX), a digital advertising platform, is excited to announce the appointment of Liane Hornsey to its Board of Directors. In connection with her appointment to the Board of Directors, Hornsey was also appointed to the Board's Compensation Committee, and she will assume the role of Compensation Committee Chairperson upon Cardlytics' upcoming Annual Meeting of Stockholders in May 2024. Hornsey, who is currently Executive Vice President and A ...

The business is stabilizing, but it's still working through past mistakes.Shares of advertising-technology (adtech) company Cardlytics (CDLX -5.60%) skyrocketed 74.8% in March, according to data provided by S&P Global Market Intelligence. Investors had disregarded this company's prospects entirely. But its latest financial report surprisingly showed modest growth and improved financials.Cardlytics' partners are financial institutions, and the company's software helps these companies manage loyalty and rewar ...

Shares of advertising technology (adtech) company Cardlytics (CDLX 50.28%) absolutely skyrocketed on Friday after reporting its financial results for the fourth quarter of 2023. As of 10:15 a.m. ET, Cardlytics stock is up 51% and up more than 240% over the past year.Cardlytics is bucking the market's narrativeFor Cardlytics, I believe the market was overly pessimistic about its long-term prospects. For perspective, the stock traded at book value earlier this year -- highly unusual for a tech stock. And prio ...