Alkami Technology, Inc. (ALKT) Misses Q1 EPS by 14c, provides guidance

Alkami Technology, Inc. (NASDAQ: ALKT) reported Q1 EPS of ($0.12), $0.14 worse than the analyst estimate of $0.02. Revenue for the quarter came in at $76.1 million versus the consensus estimate of $75.57 million.

GUIDANCE:

Alkami Technology, Inc. sees FY2024 revenue of $328-333 million, versus the consensus of $330.6 million. Adjusted EBITDA in the range of $20.5 million to $23.5 million.

Alkami is providing guidance for its second quarter ending June 30, 2024 of:

GAAP total revenue in the range of $80.5 million to $82.0 million, versus the consensus of $80.676 million.
Adjusted EBITDA in the range of $2.8 million to $3.8 million.

For earnings history and earnings-related data on Alkami Technology, Inc. (ALKT) click here.

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