Alkami Technology, Inc. (ALKT) Tops Q4 EPS by 1c; Offers FY23 Revenue

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Go back to Alkami Technology, Inc. (ALKT) Tops Q4 EPS by 1c; Offers FY23 Revenue

Alkami Announces Fourth Quarter 2022 Financial Results

February 23, 2023 4:05 PM EST

PLANO, Texas, Feb. 23, 2023 (GLOBE NEWSWIRE) -- Alkami Technology, Inc. (Nasdaq: ALKT) (Alkami), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., today announced results for its fourth quarter and full year ending December 31, 2022.

Fourth Quarter 2022 Financial Highlights

GAAP total revenue of $55.5 million, an increase of 31% compared to the year-ago quarter;GAAP gross margin of 52%, compared to 55% in the year-ago quarter;Non-GAAP gross margin of 56%, compared to 57% in the year-ago quarter;GAAP net loss of $(4.9) million, compared to $(13.3) million in... More