Cardlytics reports Q2 adjusted EPS (13c), consensus (16c)

Reports Q2 revenue $63.2M, consensus $64.02M. Reports Q2 Billings $104.0M, a decrease of 6% vs. last year. Reports Q2 adjusted contribution $36.1M, a decrease of 1% vs. last year. Reports monthly qualified users were 224.5M, an increase of 19% vs. last year. “Building on the progress we’ve made over the past year, we are navigating headwinds by doubling down on our diversification efforts and reinforcing our unique network capabilities,” said Amit Gupta, CEO of Cardlytics (CDLX). “We believe our strategic shifts will position us for long-term profitable growth and enable us to deliver on the promise to our stakeholders.”