Cardlytics

News Summary:

On August 16, 2026, Cardlytics' Q2 earnings call presented a cautious yet constructive tone, revealing year-over-year declines in billings revenue and cash flow, alongside gains in advertiser growth, churn reduction, and AI-driven productivity. Management underscored cost discipline, margin improvement, and a path to self-sustainability, noting active advertisers increased 18% quarter-over-quarter and new logo volume surged 59% from Q1, despite Q2 billings falling 34% year-over-year and revenue decreasing 36%. Previously, on August 12, Cardlytics Inc. (NASDAQ:CDLX) reported Q2 results within guidance ranges for revenue and adjusted contribution, with management focusing on organizational stabilization after an earlier reset. The company cited improvements in advertiser churn and new business billings growth, even as total revenue and monthly qualified users continued to decline year-over-year due to restructured bank partner agreements. Management reiterated its prioritization of cost containment and self-sustainability, with plans to integrate artificial intelligence for campaign efficiency and deeper advertiser insights. Earlier, on August 6, the purchase intelligence firm released results for its first full quarter following the divestment of Bridg, its identity resolution and shopper intelligence platform, reporting Q2 revenue of $36.9 million, a 36% fall, and adjusted EBITDA of $1.7 million, down from $3.0 million a year prior.