Cardlytics: Q2 Earnings Snapshot

Associated Press Finance
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ATLANTA (AP) — ATLANTA (AP) — Cardlytics, Inc. (CDLX) on Tuesday reported a loss of $23.5 million in its second quarter.

On a per-share basis, the Atlanta-based company said it had a loss of 67 cents. Losses, adjusted for one-time gains and costs, were 24 cents per share.

The company posted revenue of $76.7 million in the period.

For the current quarter ending in September, Cardlytics said it expects revenue in the range of $111 million to $123 million.

Cardlytics shares have climbed 95% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $11.27, a decline of 17% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CDLX at https://www.zacks.com/ap/CDLX

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