Alkami Announces First Quarter 2024 Financial Results [Yahoo! Finance]
Alkami Technology, Inc. (ALKT)
Company Research
Source: Yahoo! Finance
provider for financial institutions in the U.S., today announced results for its first quarter ending March 31, 2024. First Quarter 2024 Financial Highlights GAAP total revenue of $76.1 million, an increase of 26.9% compared to the year-ago quarter; GAAP gross margin of 57.8%, compared to 53.6% in the year-ago quarter; Non-GAAP gross margin of 61.7%, compared to 58.1% in the year-ago quarter; GAAP net loss of $(11.4) million, compared to $(17.0) million in the year-ago quarter; and Adjusted EBITDA of $3.8 million, compared to a loss of $(2.9) million in the year-ago quarter. Comments on the News Alex Shootman, Chief Executive Officer, said, “In the first quarter, we delivered another quarter of robust performance. We ended Q1 with 18.1 million live registered users, up 3.0 million compared to the prior-year quarter as we continue to lead the industry in market share gains. In February of 2024, we renewed our largest client, which is a top 10 credit union, more than dou
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News
- Swaystack Announces Personalized Engagement Platform to Help Banks and Credit Unions Grow Digital Channels [Yahoo! Finance]Yahoo! Finance
- Alkami Awards Industry-Leading Financial Institutions for Innovation in Digital Banking Excellence [Yahoo! Finance]Yahoo! Finance
- Alkami Awards Industry-Leading Financial Institutions for Innovation in Digital Banking ExcellencePR Newswire
- Alkami Hosts First External Hackathon; Celebrates Innovation in Digital Banking [Yahoo! Finance]Yahoo! Finance
- Alkami Hosts First External Hackathon; Celebrates Innovation in Digital BankingPR Newswire
ALKT
Earnings
- 5/1/24 - In-Line
ALKT
Sec Filings
- 5/15/24 - Form 8-K
- 5/9/24 - Form 4
- 5/9/24 - Form 4
- ALKT's page on the SEC website