Welcome to our dedicated page for Cardlytics news (Ticker: CDLX), a resource for investors and traders seeking the latest updates and insights on Cardlytics stock.
Cardlytics (CDLX) delivers purchase-based advertising intelligence through partnerships with financial institutions, transforming consumer spending data into actionable marketing insights. This news hub provides investors and analysts with essential updates on the company’s evolving strategies in digital advertising and data analytics.
Access real-time announcements including quarterly earnings, product launches, and partnership expansions. Our curated collection features press releases about platform innovations, client acquisitions, and industry recognition – all critical developments for understanding CDLX’s market position.
Key updates cover operational milestones across both core platforms: the proprietary bank advertising channel and Bridg cloud-based analytics solutions. Track developments in campaign measurement capabilities, financial institution collaborations, and data security enhancements that shape the company’s competitive edge.
Bookmark this page for streamlined monitoring of CDLX’s financial performance and strategic initiatives. Combine our news feed with SEC filings and earnings call transcripts available through Stock Titan’s financial research tools for comprehensive analysis.
Cardlytics, Inc. (CDLX) announced the pricing of $200 million in 1.00% convertible senior notes due 2025 in a private placement aimed at qualified institutional buyers. The notes will accrue interest semiannually, maturing on September 15, 2025, with an initial conversion price of approximately $85.14 per share. Net proceeds are estimated at $193.5 million, intended for capped call transactions and general corporate purposes, including potential acquisitions. The offering is set to close on September 22, 2020, subject to customary conditions.
Cardlytics (NASDAQ: CDLX) announced a proposed offering of $200 million in convertible senior notes due 2025, with an option for initial purchasers to buy an additional $30 million. The notes, which will be unsecured and pay semiannual interest, may be converted into cash or shares of the company’s common stock. Proceeds will be used for capped call transactions, working capital, and potential acquisitions. The offering is targeting qualified institutional buyers and is not registered under the Securities Act.
Cardlytics, a leading advertising platform in banks' digital channels, announced its participation in the Keybanc Capital Markets’ Virtual Future of Technology Series. CFO Andy Christiansen will present on September 10, 2020, at 11:20 a.m. Eastern Time, with a live webcast available on the Cardlytics Investor Relations website. This event showcases Cardlytics' unique insights into consumer spending, allowing marketers to effectively reach potential buyers. The company is headquartered in Atlanta, with additional offices in major cities worldwide.
Cardlytics, Inc. (NASDAQ: CDLX) announced the appointment of Farrell Hudzik as Executive Vice President of Financial Institutions on August 3, 2020. Hudzik's role will focus on enhancing the Cardlytics program for U.S. financial institutions and deepening platform integration. Previously, she held leadership roles at Synchrony and Accenture, bringing extensive experience in customer engagement and loyalty. CEO Lynne Laube expressed confidence that Hudzik's expertise will be vital in maximizing value for bank partners, driving spend, and increasing customer loyalty.
On July 29, 2020, Cardlytics (NASDAQ: CDLX) announced the retirement of David Evans, chief administrative officer and former CFO, effective at the end of the quarter. Evans’ six-year tenure included significant contributions to Cardlytics’ transformation into a leading digital marketing platform. Key figures, including co-founders Scott Grimes and Lynne Laube, acknowledged Evans' vital role in executing the company's strategy and guiding its IPO in 2018. Cardlytics specializes in banking rewards programs that enhance customer loyalty by leveraging consumer spending insights.
Cardlytics (NASDAQ: CDLX) has launched My Wells Fargo Deals, a rewards program for Wells Fargo customers, enabling cash back on purchases. This initiative enhances Cardlytics' advertising reach within secure digital bank channels, leveraging insights from over $3 trillion in annual consumer spending. CEO Lynne Laube emphasized the partnership's potential to drive marketing efficacy, while Wells Fargo's Adam Vancini highlighted consumer demand for savings. Cardlytics has historically generated $33 billion in sales for marketers and returned $500 million to consumers through cashback.
Cardlytics (NASDAQ: CDLX) announced the release date for its second quarter financial results, set for August 4, 2020, after market close. The company will host a conference call at 5:00 PM ET to discuss these results, providing insights into its advertising platform's performance in banks' digital channels. Investors can participate in the call via a live audio webcast on the Investor Relations website or through dial-in options. Cardlytics specializes in purchase intelligence, enhancing marketing relevance and measurable outcomes.
Cardlytics (NASDAQ: CDLX) has appointed Peter Davies as Head of Sales Strategy and Operations. With nearly 20 years in advertising and technology, Davies aims to enhance sales strategy and operations. Previously, he served as Chief Revenue Officer at Darkstore and held significant roles at MediaMath and Rokt, driving double-digit growth. President Ross McNab emphasized the importance of building a capable team to improve return on marketing investment. This leadership change is part of broader efforts to bolster the sales and product teams at Cardlytics.
Cardlytics (NASDAQ: CDLX) announced its participation in two significant conferences: the Bank of America 2020 Global Technology Conference on June 4, 2020, at 1:45 PM ET, and the William Blair 40th Annual Growth Stock Conference on June 9, 2020, at 9:40 AM ET. CEO Lynne Laube will present at both events, which will be webcast live. Investors can access the webcasts on Cardlytics' Investor Relations website. The company utilizes purchase intelligence to enhance marketing effectiveness and customer loyalty through partnerships with financial institutions.
