Cardlytics, Inc. (NASDAQ:CDLX) is set to announce second quarter earning results on Tuesday 4th August 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, CDLX to report 2Q20 loss of $ 0.47 per share from revenue of $ 30.84 million.
For the full year, analysts anticipate top line of $ 188.00 million, while looking forward to loss of $ 1.1 per share bottom line.
Previous Quarter Performance
Cardlytics, Inc. announced loss for the first quarter of $ 0.26 per share, from the revenue of $ 45.51 million. The quarterly revenues hiked 26.45 percent compared with the same quarter last year. The consensus estimates are loss of $ 0.21 per share from $ 44.21 million in revenue. The bottom line results missed street analysts by $ 0.05 or 23.81 percent, at the same time, top line results outshined analysts by $ 1.30 million or 2.94 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of CDLX was $ 72.73, representing a 178.98 % increase from the 52 week low of $ 26.07 and a 32.34 % decrease over the 52 week high of $ 107.50.
The company has a market capital of $ 1.96 billion and is part of the Technology sector and Internet Content & Information industry.
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Recent Analyst recommendations
- On 9th July 2020, maintained by SunTrust Robinson Humphrey at Buy rating, with $ 75.00 target price.
Conference Call
Cardlytics, Inc. will be hosting a conference call at 5:00 PM eastern time on 4th August 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.cardlytics.com
Cardlytics, Inc. operates a purchase intelligence platform in the United States and the United Kingdom. It operates in two segments, Cardlytics Direct and Other Platform Solutions.
