ATLANTA (AP) — ATLANTA (AP) — Cardlytics, Inc. (CDLX) on Thursday reported first-quarter net income of $13.6 million.
On a per-share basis, the Atlanta-based company said it had net income of 40 cents. Losses, adjusted for one-time gains and costs, came to 25 cents per share.
The company posted revenue of $64.3 million in the period.
For the current quarter ending in June, Cardlytics said it expects revenue in the range of $65 million to $74 million.
Cardlytics shares have increased 43% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $8.29, a fall of 78% in the last 12 months.
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