Alkami Technology Inc reports results for the quarter ended March 31 - Earnings Summary

Alkami Technology

30/04/2025 22:02

Alkami Technology Inc ALKT.OQ reported quarterly adjusted earnings of 6 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 5 cents.  The mean expectation of ten analysts for the quarter was for earnings of 9 cents per share. Wall Street expected results to range from 5 cents to 10 cents per share.

Revenue rose 28.5% to $97.84 million from a year ago; analysts expected $94.37 million.

Alkami Technology Inc's reported EPS for the quarter was a loss of 8 cents​.

The company reported a quarterly loss of $7.82 million.

Alkami Technology Inc shares had risen by 0.6% this quarter and lost 28.0% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 13% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "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 $45.00

This summary was machine generated from LSEG data April 30 at 09:01 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
Mar. 31 2025
0.09
0.06
Missed
Dec. 31 2024
0.08
0.11
Beat
Sep. 30 2024
0.06
0.08
Beat
Jun. 30 2024
0.03
0.05
Beat