Alkami Technology Inc reports results for the quarter ended June 30 - Earnings Summary
Alkami Technology Inc reports results for the quarter ended June 30 - Earnings Summary
Alkami Technology Inc ALKT.OQ reported quarterly adjusted earnings of 16 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 9 cents. The mean expectation of seven analysts for the quarter was for earnings of 15 cents per share. Wall Street expected results to range from 10 cents to 20 cents per share.
Revenue rose 15.9% to $129.84 million from a year ago; analysts expected $128.67 million.
Alkami Technology Inc's reported EPS for the quarter was a loss of 8 cents.
The company reported a quarterly loss of $8.9 million.
Alkami Technology Inc shares had risen by 0.3% this quarter and lost 21.2% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 8.5% 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 7 "strong buy" or "buy," 1 "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 $21.50, about 15.5% above its last closing price of $18.17
This summary was machine generated from LSEG data July 29 at 10:28 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 ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.15 | 0.16 | Beat |
Mar. 31 2026 | 0.18 | 0.16 | Missed |
Dec. 31 2025 | 0.14 | 0.16 | Beat |
Sep. 30 2025 | 0.12 | 0.13 | Beat |
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