Cardlytics reports Q3 adjusted EPS (7c), consensus (15c)

Reports Q3 revenue $52M, consensus $54.54M. “In Q3, we’ve taken decisive action that we believe will reset our business, improve our financial health, and set ourselves on a viable path to return to growth,” said Amit Gupta, CEO of Cardlytics (CDLX). “We are moving forward with sharper focus and discipline, prioritizing initiatives that build on our fundamental strengths and where we believe we can win. Our mandate is clear – continue to deliver for our partners and advertisers, strengthen what differentiates us, and unlock long-term value for our shareholders.”