Alkami Technology Inc reports results for the quarter ended in June - Earnings Summary

Alkami Technology

03/08/2023 02:10

* Alkami Technology Inc  ALKT.OQ  reported a quarterly
adjusted
loss of 3 cents​​ per share for the quarter ended in June. The
mean expectation of ten analysts for the quarter was for a loss
of 5 cents per share.
    * Revenue rose 30.1% to $65.76 million from a year ago;
analysts
expected $63.11 million. 
    * Alkami Technology Inc's reported EPS for the quarter was a
loss
of 19 cents​.
    * The mean earnings estimate of analysts had risen by
about 10.2%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Alkami Technology Inc shares had risen by 2.1% this
quarter and
gained 14.7% so far this year.
    * The company reported a quarterly loss of $17.76 million.
    * Wall Street's median 12-month price target for Alkami
Technology
Inc is $20.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 3 at 01:09 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.05          -0.03          Beat
 Mar. 31 2023      -0.06          -0.03          Beat
 Dec. 31 2022      -0.07          -0.05          Beat
 Sep. 30 2022      -0.07          -0.06          Beat