Cardlytics Sees Q1 Revenue $70M-$73M vs $66.46M Est.
Portfolio Pulse from Benzinga Newsdesk
Cardlytics forecasts Q1 revenue to be between $70M-$73M, surpassing the estimated $66.46M.
March 14, 2024 | 8:45 pm
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Cardlytics forecasts its Q1 revenue to range between $70M-$73M, which is higher than the analyst estimate of $66.46M.
Cardlytics' projection of higher-than-expected revenue for Q1 indicates strong performance and potential growth, likely leading to a positive short-term impact on its stock price. The surpassing of analyst estimates typically results in positive market reactions.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100