cardlytics says that its us business is performing more strongly than expected cardlytics inc shares were shooting toward their best day on record tuesday after the digitaladvertising company boosted its quarterly forecast cardlytics cdlx now expects 635 million to 665 million in revenue for the first quarter its prior outlook was for 54 million to 63 million the company also expects 93 million to 97 million in bookings which take into account consumer incentives cardlytics which works with financial institutions to help run customer loyalty programs gave an earlier bookings forecast of 84 million to 93 million for the quarter despite a difficult macroeconomic environment our shift to a productled operating structure is already yielding positive results chief executive karim temsamani said in a release our improved topline guidance is driven by betterthanexpected growth in the us business and the product optimizations discussed on our last earnings call cardlytics shares were up 82 in tuesday afternoon action and on pace to easily post their largest singleday percentage gain on record which would require besting the 43 gain seen on nov 13 2019 the stock is on track to rise for the fifth straight session cardlytics shares are up 85 so far this year though theyve declined 89 over a 12month span management also now anticipates a 5 million to 8 million loss on the basis of adjusted earnings before interest taxes depreciation and amortization ebitda while its previous outlook called for a 10 million to 17 million loss on the metric temsamani noted cardlytics rigorous approach in managing its cost structure which involved implementing 35 million of onetime savings during the first quarter see alsocardlytics seeks new cfo after current one announces resignation this content was created by marketwatch which is operated by dow jones  co marketwatch is published independently from dow jones newswires and the wall street journal