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Cardlytics Q3 earnings decline; pursuing supply chain diversification

The Motley Fool +1 · ·by G4L

CDLX
CDLX Cardlytics Inc
$1.63 -10.44%
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  1. 1Cardlytics Q3 billings were $57.2 million, a 32% decrease year-over-year.
  2. 2Cardlytics Q3 revenue was $32.9 million, a 30% decrease year-over-year.
  3. 3Cardlytics is diversifying its supply chain through partnerships with Yahoo, VodafoneThree, and Rove.

So what's the key point?

Cardlytics revenue for the third quarter decreased by 30 percent compared to last year. The company is working to expand its supply channels by meeting new partners.

Source The Motley Fool +1 · View original ↗

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