Meridianlink Inc reports results for the quarter ended in June - Earnings Summary

Meridianlink

01/08/2023 23:05

* Meridianlink Inc  MLNK.N  reported quarterly adjusted
earnings
of 3 cents​​ per share for the quarter ended in June. The mean
expectation of nine analysts for the quarter was for earnings of
6 cents per share.
    * Revenue rose 3.3% to $75.42 million from a year ago;
analysts
expected $77.56 million. 
    * Meridianlink Inc's reported EPS for the quarter was a loss
of 6
cents​.
    * The mean earnings estimate of analysts had fallen by
about 17.9%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Meridianlink Inc shares had risen by 7.4% this quarter and
gained 62.7% so far this year.
    * The company reported a quarterly loss of $5.23 million.
    * Wall Street's median 12-month price target for
Meridianlink Inc
is $17.50 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 3
"hold" and 2 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 1 at 10:05 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.06           0.03           Missed
 Mar. 31 2023      0.05           0.01           Missed
 Dec. 31 2022      0.01           0.03           Beat
 Sep. 30 2022      0.08           0.06           Missed