ATLANTA (AP) — ATLANTA (AP) — Cardlytics, Inc. (CDLX) on Wednesday reported a loss of $13.3 million in its first quarter.
The Atlanta-based company said it had a loss of 26 cents per share. Losses, adjusted for one-time gains and costs, came to 21 cents per share.
The company posted revenue of $61.9 million in the period.
For the current quarter ending in June, Cardlytics said it expects revenue in the range of $61 million to $67 million.
In the final minutes of trading on Wednesday, the company's shares hit $2.16. A year ago, they were trading at $15.41.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CDLX at https://www.zacks.com/ap/CDLX
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