Cardlytics Inc (NAS:CDLX)
$ 9.4 0.63 (7.18%) Market Cap: 458.56 Mil Enterprise Value: 628.42 Mil PE Ratio: 0 PB Ratio: 2.27 GF Score: 57/100

Q1 2019 Cardlytics Inc Earnings Call Transcript

May 09, 2019 / 09:00PM GMT
Release Date Price: $16.87 (-4.04%)
Operator

Good day, ladies and gentlemen, and welcome to the First Quarter 2019 Cardlytics, Inc. Earnings Conference Call. (Operator Instructions) As a reminder, this conference call is being recorded.

It is now my pleasure to introduce Chief Legal and Privacy Officer, Kirk Somers.

Kirk L. Somers
Cardlytics, Inc. - Chief Legal & People Officer and Secretary

Good afternoon, and welcome to Cardlytics' First Quarter 2019 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 projected 2019 second quarter and full year financial results and operating metrics; business strategies and other forward-looking topics, including our expectations regarding growth in Direct, with new and existing customers; the reduction in average revenue per user, or ARPU; growth in monthly active users, or MAUs; expansion in new verticals, including travel and entertainment, grocery, premium and e-commerce; expanding our media

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