Alkami Technology Inc expected to post a loss of 5 cents a share - Earnings Preview

Alkami Technology

31/07/2023 23:16

* Alkami Technology Inc  ALKT.OQ   ALKT.O  is expected
to show a
rise in quarterly revenue when it reports  results on August 2. 
    * The Plano Texas-based  company is expected to report  a
24.9% increase in revenue to $63.105 million from $50.53 million
a year ago, according to the mean estimate from 10 analysts,
based on Refinitiv data. The company's guidance on May 3 2023,
for the period ended June 30, was for revenue between $62.50
million and $63.50 million.
    * ​Refinitiv's mean analyst estimate for Alkami Technology
Inc is
for a loss of 5 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Alkami
Technology
Inc is $19.5​, above​ its last closing price of $16.53. ​​​

The company's guidance on May 3 2023 for the period ended June
30 was for Earnings before Interest, Taxes, Depreciation and
Amortization of between 62.5 million and -3.5 million (USD).
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  -0.06       -0.06      -0.03     Beat    50.7
 Dec. 31 2023  -0.07       -0.07      -0.05     Beat    23.7
 Sep. 30 2022  -0.07       -0.07      -0.06     Beat    17.3​
 Jun. 30 2022  -0.08       -0.08      -0.07     Beat    16.3
 ​​Mar.        -0.06       -0.06      -0.05     Beat    19.1
 31 2022                                                
 Dec. 31 2021  -0.07       -0.07      -0.06     Beat    17.6​
 Sep. 30 2021  -0.08       -0.08      -0.08     Met     3
 Jun. 30 2021  -0.08       -0.08      -0.08     Met     0.2
 This summary was machine generated July 31 at 22:16 GMT.  All
figures in US dollars  unless otherwise stated