Cardlytics Reports Q3 Billings of Up to $95M Amid Restrictive Partner Content.

Cardlytics reported Q3 billings of up to $95M, despite major financial institution partner content restrictions. CEO Amit Gupta described Q2 as a period of "steady progress" against the company's strategy, highlighting improvements in product and tech challenges, as well as ecosystem diversification.

Cardlytics, a commerce media platform, reported Q3 billings of up to $95M, despite significant restrictions from major financial institution partners. The company's CEO, Amit Gupta, described the second quarter as a period of "steady progress" against the company's strategic goals, highlighting improvements in product and technology challenges, as well as ecosystem diversification [2].

The company's Q2 revenue declined by 9% year-over-year, missing analyst expectations by $63.25 million. However, adjusted EBITDA turned positive, improving from negative in the prior year. Monthly qualified users increased by 19% year-over-year, indicating an expanding consumer base [2].

Looking ahead, Cardlytics expects Q3 2025 revenue to range from $52.2 million to $58.2 million, with billings projected between $87.0 million and $95.0 million. The company anticipates Q3 2025 adjusted EBITDA to be between $(2.3) million and $2.7 million, with an adjusted contribution margin of $30.3 million to $34.3 million [2].

Gupta attributed the company's performance to strategic shifts in diversification and the expansion of the consumer base. The company's ability to navigate economic headwinds through these strategies underscores its resilience in the face of challenging market conditions [2].

References:

[1] https://www.nasdaq.com/articles/jazz-jazz-q2-revenue-rises-2
[2] https://www.tradingview.com/news/reuters.com,2025:newsml_PLXE0B003:0-commerce-media-platform-cardlytics-q2-revenue-falls-just-shy-of-estimates-adjusted-ebitda-positive/