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ALKT - Alkami Technology Grows Revenue But Operating Losses Mount
May, 19 2022 01:59 PM
Alkami Technology Inc.
Alkami Technology went public in April 2021, raising approximately $180 million in an IPO. The firm provides SaaS software solutions to U.S. financial institutions. ALKT has grown revenue impressively, but at the price of worsening operating losses, a distinct negative in the current market environment. I'm on Hold for ALKT until management can make a meaningful move toward operating breakeven. For further details see:
Alkami Technology Grows Revenue But Operating Losses Mount
Stock Information
Company Name:
Alkami Technology Inc.
Stock Symbol:
ALKT
Market:
NASDAQ
Website:
alkami.com
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