Cardlytics Q2 revenue slightly misses estimates as billings fall - CDLX News | RalliesCardlytics Q2 revenue slightly misses estimates as billings fall
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CDLX• Q2 results slightly miss estimates
- Cardlytics said second-quarter revenue fell 36% year over year, slightly missing analyst expectations.
- Adjusted EBITDA dropped to $1.7 million from $3.0 million a year earlier.
- The company also reported that billings fell 34% year over year to $65.5 million.
Lower user metrics weighed on results
- The company said lower billings weighed on revenue.
- Monthly qualified users fell 17% year over year, and adjusted contribution per user declined to $0.11 from $0.14.
- CEO Amit Gupta said margins improved every month during the quarter.
Q3 outlook calls for year-over-year declines
- Cardlytics sees third-quarter 2026 billings between $61.0 million and $67.0 million.
- The company expects third-quarter 2026 revenue of $34.0 million to $39.0 million.
- Cardlytics projects third-quarter 2026 adjusted EBITDA between .
$0 and $3.0 million
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