Cardlytics, Inc. (NASDAQ:CDLX) Q1 2023 Earnings Conference Call May 4, 2023 5:00 PM ET
Company Participants
Nick Lynton – Chief Legal and Privacy Officer
Karim Temsamani – Chief Executive Officer
Andy Christiansen – Chief Financial Officer
Conference Call Participants
Kyle Peterson – Needham
Operator
Good day and thank you for standing by. Welcome to the Q1 2023 Cardlytics, Inc. Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speakers’ presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that today's conference is being recorded.
I would now like to hand the conference over to your speaker today, Chief Legal and Privacy Officer, Nick Lynton. Please, go ahead.
Nick Lynton
Good evening, and welcome to the Cardlytics first quarter 2023 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 expectations about our future financial performance and results, including for the second quarter of 2023, the bridge earn-out payments, including the second anniversary earn-out payment, the financial impacts of our various cost savings initiatives, our plans for adding new partners to the network and expanding our monthly active user base in the U.S. and the UK, the time line for our existing partners to transition to our new ad server, user experience and ad decisioning engine and the financial impact of these initiatives.
The rollout of our new offer constructs, the growth of the Bridge Retail Media Network, our plans and time line for achieving positive free cash flow, our liquidity and cash position and the growth and expansion of our advertiser base.
For a discussion of the specific risk factors that could cause our actual results to differ materially from today's discussion, please refer to the Risk Factors section of the company's 10-Q for the quarter ended March 31, 2023, which has been filed with the SEC. Also during this call, we will discuss non-GAAP measures of our performance. GAAP financial reconciliations and supplemental financial information are provided in the press release issued today and the 8-K that has been filed with the SEC.
Today's call is available via webcast, and a replay will be available for one week. You can find the information I have just described in the Investor Relations section of the Cardlytics website. Please note that a supplemental presentation to our first quarter results has also been posted on our Investor Relations website. Joining us on the call today is Cardlytics CEO, Karim Temsamani; and CFO, Andy Christiansen. Following their prepared remarks, we'll open the call to your questions.