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

Meridianlink

02/11/2023 07:10

* MeridianLink Inc  MLNK.N  reported quarterly adjusted
earnings
of 10 cents​​ per share for the quarter ended in September,
higher than the same quarter last year, when the company
reported EPS of 6 cents.  The mean expectation of nine analysts
for the quarter was for earnings of 4 cents per share. Wall
Street expected results to range from 1 cents to 10 cents per
share.
    * Revenue rose 6.6% to $76.49 million from a year ago;
analysts
expected $76.76 million. 
    * MeridianLink Inc's reported EPS for the quarter was a loss
of 3
cents​.
    * The company reported a quarterly loss of $2.07 million.
    * MeridianLink Inc shares had fallen by 6.9% this
quarter and
gained 15.7% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged 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 "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 3
"hold" and 3 "sell" or "strong sell." 
    * The average consensus recommendation for the financial
technology (fintech) peer group is also "hold"

Wall Street's median 12-month price target for MeridianLink Inc
is $17.00 
This summary was machine generated from LSEG data November 2 at
07:10 a.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Dec. 31 2022      0.01           0.03           Beat