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

Alkami Technology

04/05/2023 01:49

* Alkami Technology Inc  ALKT.OQ  reported a quarterly
adjusted
loss of 3 cents​​ per share for the quarter ended in March. The
mean expectation of six analysts for the quarter was for a loss
of 6 cents per share.
    * Revenue rose 33.9% to $60.00 million from a year ago;
analysts
expected $58.63 million. 
    * Alkami Technology Inc's reported EPS for the quarter was a
loss
of 18 cents​.
    * The mean earnings estimate of analysts had fallen by
about 37.7%
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 fallen by 13.0% this
quarter and lost 24.5% so far this year.
    * The company reported a quarterly loss of $16.96 million.
    * Wall Street's median 12-month price target for Alkami
Technology
Inc is $19.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data May
4 at 12:49 a.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.06          -0.03          Beat
 Dec. 31 2022      -0.07          -0.05          Beat
 Sep. 30 2022      -0.07          -0.06          Beat
 Jun. 30 2022      -0.08          -0.07          Beat