MeridianLink Inc reports results for the quarter ended in December - Earnings Summary

Meridianlink

05/03/2024 23:33

* MeridianLink Inc  MLNK.N  reported a quarterly adjusted
loss
of 29 cents​​ per share for the quarter ended in December, lower
than the same quarter last year, when the company reported EPS
of 3 cents.  The mean expectation of eight analysts for the
quarter was for a loss of 7 cents per share. Wall Street
expected results to range from -30 cents to 7 cents per share.
    * Revenue rose 5.7% to $74.58 million from a year ago;
analysts
expected $74.57 million. 
    * MeridianLink Inc's reported EPS for the quarter was a loss
of 38
cents​.
    * The company reported a quarterly loss of $29.57 million.
    * MeridianLink Inc shares had fallen by 23.6% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 51.2%
in the last three months.​ 
    * In the last 30 days, three analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 4
"hold" and 2 "sell" or "strong sell." 
    * Wall Street's median 12-month price target for
MeridianLink Inc
is $22.50 

This summary was machine generated from LSEG data March 5 at
11:32 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
 Dec. 31 2023      -0.07          -0.29          Missed
 Sep. 30 2023      0.04           0.10           Beat
 Jun. 30 2023      0.06           0.03           Missed
 Mar. 31 2023      0.05           0.01           Missed