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Q1 2019 Cardlytics Inc Earnings Call Transcript
Good day, ladies and gentlemen, and welcome to the First Quarter 2019 Cardlytics, Inc. Earnings Conference Call. (Operator Instructions) As a reminder, this conference call is being recorded.
It is now my pleasure to introduce Chief Legal and Privacy Officer, Kirk Somers.
Good afternoon, and welcome to Cardlytics' First Quarter 2019 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 projected 2019 second quarter and full year financial results and operating metrics; business strategies and other forward-looking topics, including our expectations regarding growth in Direct, with new and existing customers; the reduction in average revenue per user, or ARPU; growth in monthly active users, or MAUs; expansion in new verticals, including travel and entertainment, grocery, premium and e-commerce; expanding our media
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