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ALKT — Alkami Technology News Story

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Alkami Technology Inc reports results for the quarter ended June 30 - Earnings Summary

Alkami Technology Inc ALKT.OQ reported quarterly adjusted earnings of 9 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 5 cents.  The mean expectation of nine analysts for the quarter was for earnings of 8 cents per share. Wall Street expected results to range from 6 cents to 12 cents per share.

Revenue rose 36.4% to $112.06 million from a year ago; analysts expected $109.95 million.

Alkami Technology Inc's reported EPS for the quarter was a loss of 13 cents​.

The company reported a quarterly loss of $13.59 million.

Alkami Technology Inc shares had fallen by 11.7% this quarter and lost 27.4% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 1.8% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the it services & consulting peer group is also "buy"

Wall Street's median 12-month price target for Alkami Technology Inc is $40.00, about 33.4% above its last closing price of $26.62

This summary was machine generated from LSEG data July 30 at 09:02 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20250.080.09Beat
Mar. 31 20250.090.19Beat
Dec. 31 20240.080.11Beat
Sep. 30 20240.060.08Beat

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