Cardlytics, Inc. (NASDAQ:CDLX) is set to announce third quarter earning results on Monday 2nd November 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, CDLX to report 3Q20 loss of $ 0.28 per share.
For the full year, analysts anticipate top line of $ 170.71 million, while looking forward to loss of $ 0.99 per share bottom line.
Previous Quarter Performance
Cardlytics, Inc. outlined loss for the second quarter of $ 0.38 per share, from the revenue of $ 28.22 million. Wall street analysts are predicting, CDLX to report 2Q20 loss of $ 0.47 per share from revenue of $ 30.84 million. The bottom line results beat street analysts by $ 0.09 or 19.15 percent, at the same time, top line results fell short of analysts by $ 2.62 million or 8.5 percent.
Stock Performance
On Friday, shares of Cardlytics, Inc. has traded high as $ 75.32 and has cracked $ 70.70 on the downward trend, reaching $ 73.82 with volume of 576.60 thousand shares.
According to the previous trading day, closing price of $ 73.82, representing a 176.62 % increase from the 52 week low of $ 27.33 and a 29.67 % decrease over the 52 week high of $ 107.50.
The company has a market capital of $ 2.01 billion and is part of the Technology sector and Internet Content & Information industry.
Conference Call
Cardlytics, Inc. will be hosting a conference call at 5:00 PM eastern time on 2nd November 2020, to discuss its 3Q20 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.
