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Cardlytics, Inc. (CDLX) CEO Lynne Laube on Q2 2022 Results - Earnings Call Transcript

Aug. 02, 2022 10:58 PM ETCardlytics, Inc. (CDLX)
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Cardlytics, Inc. (NASDAQ:CDLX) Q2 2022 Earnings Conference Call August 2, 2022 5:00 PM ET

Company Representatives

Lynne Laube - Chief Executive Officer

Andy Christiansen - Chief Financial Officer

Nick Lynton - Chief Legal Officer

Conference Call Participants

Kyle Peterson - Needham

Doug Anmuth - JPMorgan

Jason Kreyer - Craig-Hallum


Hello! Thank you for standing by, and welcome to the Second Quarter 2022 Cardlytics, Inc., Earnings Conference Call. At this time all participants are in a listen-only mode. [Operator Instructions] Please be advised that today’s conference may be recorded.

I would now like to hand the conference over to your speaker today, Nick Lynton, Chief Legal Officer. Please go ahead.

Nick Lynton

Good evening and welcome to Cardlytics second quarter 2022 financial results call. Before we begin, let me remind everyone that today’s discussion will contain forward-looking statements based on our current assumptions, expectations and beliefs, including expectations about the following:

Our future financial performance and results, our growth expectations for the second half of 2022, upcoming changes to our management team, our ability to achieve our key long term priorities, the increase in and diversification of our MAUs or Monthly Active Users, as well as the increase in MAUs connected to our ad server, the increase in ARPU or Average Revenue Per User, the performance and growth of Bridg, the impact of inflation and other macroeconomic trends on our business and the economy as a whole, the sufficiency of our capital structure, the use of cash for the Bridg earn-out, our time lines for achieving positive adjusted EBITDA and positive free cash flow, adding new financial institutions and banking partners, our continued partnership with Bank of America, implementation of our cost reduction initiatives and the anticipated benefits of our recent acquisition.

For a discussion of the specific risk factors

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