Balance SheetThe balance sheet update was constructive and gives more confidence that there is enough runway for CDLX to execute on its turnaround.
Financial PerformanceCDLX's 1Q results beat Street numbers on the top and bottom line, as new pipeline conversions and better execution resulted in a solid quarter.
Pricing ModelThe adoption of engagement-based pricing increased to 61% of advertisers, up from 51% last quarter, with 90%+ new brands adopting this model in Q4, showing improved visibility.