Alkami Technology, Inc. (ALKT) Misses Q4 EPS by 8c
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Alkami Announces Fourth Quarter 2021 Financial Results
February 23, 2022 4:16 PM ESTPLANO, Texas, Feb. 23, 2022 (GLOBE NEWSWIRE) -- Alkami Technology, Inc. (Nasdaq: ALKT) (Alkami), a leading cloud-based digital banking solutions provider for U.S. banks and credit unions, today announced results for its fourth quarter and full year ending December 31, 2021.
Fourth Quarter 2021 Financial Highlights
GAAP total revenue of $42.4 million, an increase of 27% compared to the year-ago quarter;GAAP gross margin of 55%, compared to 58% in the year-ago quarter;Non-GAAP gross margin of 57%, compared to 58% in the year-ago quarter;GAAP net loss of ($13.3) million, compared to ($12.5)... More