Kirk Somers | Chief Legal & Privacy Officer |
Scott Grimes | Co-Founder & CEO |
Lynne Laube | Co-Founder & COO |
David Evans | CFO |
Andy Hargreaves | KeyBanc Capital Markets |
Chris Shutler | William Blair |
Aaron Kessler | Raymond James |
Nate Mitchell | SunTrust |
Good day, ladies and gentlemen, and welcome to the Cardlytics Second Quarter 2019 Financial Results Conference Call. [Operator Instructions] I would now like to introduce your host for today's conference, Mr. Kirk Somers, Chief Legal Officer.
Good morning, and welcome to the Cardlytics' Second 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 third quarter 2019 and full year financial guidance, expectations on adjusted EBITDA for 2020, the anticipated impact of our four key priorities on driving the monetization of our increased scale of FI monthly average users, or FI MAUs, the timing of the rollout of Wells Fargo and its anticipated impact on our FI MAUs and the number of card swipes we've seen in the U.S., the impact of our investments on driving revenue in nascent industry verticals, and our expectations regarding average revenue per user, or ARPU levels.