Alkami Technology Inc expected to post a loss of 7 cents a share - Earnings Preview

Alkami Technology

01/11/2022 23:58

* Alkami Technology Inc  ALKT.OQ   ALKT.O  is expected
to show a
rise in quarterly revenue when it reports  results on November
3. 
    * The Plano Texas-based  company is expected to report  a
31.1% increase in revenue to $52.135 million from $39.76 million
a year ago, according to the mean estimate from 7 analysts,
based on Refinitiv data. The company's guidance on August 3
2022, for the period ended September 30, was for revenue between
$51.50 million and $52.50 million.
    * ​Refinitiv's mean analyst estimate for Alkami Technology
Inc is
for a loss of 7 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "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 $18​, above​ its last closing price of $15.80. ​​​

The company's guidance on August 3 2022 for the period ended
September 30 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between 51.5 million and -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  
 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. 31 2021  -0.07       -0.07      -0.06     Beat    17.6​
 Sep. 30 2021  -0.08       -0.08      -0.08     Met     3
 ​​Jun.        -0.08       -0.08      -0.08     Met     0.2
 30 2021                                                
                                                        ​
 This summary was machine generated November 1 at 23:58 GMT.  All
figures in US dollars  unless otherwise stated