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Cardlytics - CDLX STOCK NEWS

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.

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Cardlytics, Inc. (NASDAQ: CDLX) has announced a significant leadership change. Amit Gupta, currently Chief Operating Officer and General Manager of Bridg, will become the new Chief Executive Officer effective August 16, 2024. He will also join the company's Board of Directors. Gupta replaces Karim Temsamani, who is stepping down to pursue another opportunity.

Gupta, who joined Cardlytics in January 2023, has been instrumental in setting the course for the company's transformation and long-term growth plans. With his extensive product and technology experience, he is expected to lead Cardlytics in its next growth phase, focusing on modernizing the tech platform and executing the revenue diversification strategy with Bridg.

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Cardlytics (NASDAQ: CDLX), an advertising platform in banks' digital channels, has announced the timing of its second quarter 2024 earnings release. The financial results for the quarter ended June 30, 2024, will be released on August 7, 2024, after market close. The company will host a conference call to discuss the results at 5:00 PM (ET) / 2:00 PM (PT) on the same day.

Investors are invited to join a live audio webcast or dial in to participate in the earnings call. A replay of the call will be available on the Cardlytics Investor Relations website for those unable to attend the live event.

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Cardlytics' Bridg division announced that Giant Eagle's Leap Media Group has joined the Rippl data and media network. This collaboration provides advertisers access to over 70 million shopper profiles, enhancing data-driven advertising strategies. Rippl's cookieless identity resolution technology and SKU-level purchase data enable tailored campaigns and consistent performance measurement across retailers. Giant Eagle's participation aims to elevate shopper engagement, drive growth, and ensure data privacy.

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Cardlytics, Inc. announced their first quarter 2024 financial results, showcasing a 5% increase in revenue, 10% growth in billings, and a 20% rise in adjusted contribution year-over-year. Despite a net loss, the company saw positive adjusted EBITDA and improvement in balance sheet, with strong momentum in international business.

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Cardlytics, Inc. announced the grant of 38,500 restricted stock units to five new employees as inducements for employment. The grants were made under the 2022 Inducement Plan in accordance with Nasdaq Listing Rule 5635(c)(4). The restricted stock units have different vesting schedules, with some vesting in full after one year and others vesting partially over a period of 12 months.

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Cardlytics, Inc. (NASDAQ: CDLX) has announced the timing for the release of its first quarter 2024 financial results, scheduled for May 8, 2024, after market close. Investors can join a live webcast or conference call to discuss the results.
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Cardlytics, Inc. (NASDAQ: CDLX) appoints Liane Hornsey to its Board of Directors and Compensation Committee. Hornsey, a seasoned executive with experience at top tech companies, will bring valuable expertise to Cardlytics.
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Cardlytics, Inc. (NASDAQ: CDLX) announced the pricing of $150.0 million aggregate principal amount of 4.25% convertible senior notes due 2029 in a private offering. The notes will accrue interest at a rate of 4.25% per annum, payable semi-annually. Cardlytics estimates net proceeds of approximately $144.5 million, intending to use it to repurchase $183.9 million of its 1.00% convertible senior notes due 2025.
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Cardlytics, Inc. (CDLX) announces a private offering of $150.0 million convertible senior notes due 2029 to qualified institutional buyers. The notes will be senior, unsecured obligations with interest payable semi-annually and maturity in 2029. Noteholders can convert notes under certain circumstances, with options for cash, shares, or a mix. Cardlytics plans to use proceeds for repurchasing 2025 Notes and general corporate purposes. The offering is not contingent on 2025 Notes repurchase.
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Cardlytics, Inc. (NASDAQ: CDLX) reported its financial results for Q4 and full year 2023, showing positive growth in revenue and key metrics. The company achieved a positive Adjusted EBITDA for the first time since 2019, with plans for double-digit billings growth in 2024 and positive operating cash flow. Despite a net loss attributable to common stockholders, Cardlytics improved its financial performance and aims to enhance its platform for partners and advertisers.
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