Alkami Technology, Inc. (ALKT) Misses Q4 EPS by 8c

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Go back to Alkami Technology, Inc. (ALKT) Misses Q4 EPS by 8c

Alkami Announces Fourth Quarter 2021 Financial Results

February 23, 2022 4:16 PM EST

PLANO, 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