Alkami Technology, Inc. (ALKT) Reports Q1 Loss of $2.00
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/17/2026
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
- S&P 500 ends lower as investors weigh data, Middle East tensions
- SanDisk upgraded at JPMorgan after investor day; shares climb
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- BOJ eyeing September rate hike, faster pace of tightening, sources say
- Micron: New Street upgrades to buy, says memory is no longer a cyclical story
Alkami Announces First Quarter 2021 Financial Results
May 11, 2021 4:01 PM EDTPLANO, Texas, May 11, 2021 (GLOBE NEWSWIRE) -- Alkami Technology, Inc. (Nasdaq: ALKT) (Alkami), a leading cloud-based digital banking solutions provider for U.S.-based financial institutions, announced today results for its first quarter ending March 31, 2021.
First Quarter 2021 Financial Highlights
GAAP total revenue of $33.3 million, an increase of 43% year-over-year;GAAP gross margin of 53.4%, an expansion of nearly 470 basis points year-over-year;Non-GAAP gross margin of 54.5%, an expansion of approximately 540 basis points year-over-year;GAAP net loss of ($10.9) million compared to a net loss of... More