Alkami Technology Inc expected to post a loss of 6 cents a share - Earnings Preview

Alkami Technology

02/05/2023 03:04

* Alkami Technology Inc  ALKT.OQ   ALKT.O  is expected
to show a
rise in quarterly revenue when it reports  results on May 3. 
    * The Plano Texas-based  company is expected to report  a
31.2% increase in revenue to $58.786 million from $44.79 million
a year ago, according to the mean estimate from 6 analysts,
based on Refinitiv data. The company's guidance on February 23
2023, for the period ended March 31, was for revenue between
$58.00 million and $59.00 million.
    * ​Refinitiv's mean analyst estimate for Alkami Technology
Inc is
for a loss of 6 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 2.2%
in the last three months. ​
    * Wall Street's median 12-month price target for Alkami
Technology
Inc is $19​, above​ its last closing price of $11.86. ​​​

The company's guidance on February 23 2023 for the period ended
March 31 was for Earnings before Interest, Taxes, Depreciation
and Amortization of between 58 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  
 Dec. 31 2022  -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. 31 2022  -0.06       -0.06      -0.05     Beat    19.1
 ​​Dec.        -0.07       -0.07      -0.06     Beat    17.6
 31 2021                                                
 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 May 2 at 02:03 GMT.  All
figures in US dollars  unless otherwise stated