Alkami Announces Third Quarter 2021 Financial Results

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Alkami Technology Inc (ALKT) PT Lowered to $40 at Needham & Company

November 5, 2021 7:28 AM EDT

Needham & Company analyst Mayank Tanson lowered the price target on Alkami Technology Inc (NASDAQ: ALKT) to $40.00 (from $50.00) while maintaining a Buy rating.

The analyst commented, "ALKT reported solid 3Q results, beating estimates on both revenue and EBITDA as the adoption of digital banking... More

Alkami Technology, Inc. (ALKT) Misses Q3 EPS by 5c

November 4, 2021 4:55 PM EDT

Alkami Technology, Inc. (NASDAQ: ALKT) reported Q3 EPS of ($0.13), $0.05 worse than the analyst estimate of ($0.08). Revenue for the quarter came in at $39.8 million versus the consensus estimate of $38.64 million.

GUIDANCE:

Alkami Technology, Inc. sees FY2021 revenue of $150-151 million, versus the... More