2023-05-03 17:30:45 ET
- Alkami Technology press release ( NASDAQ: ALKT ): Q1 GAAP EPS of -$0.18 misses by $0.01 .
- Revenue of $59.99M (+33.9% Y/Y) beats by $1.28M .
- GAAP total revenue of $60 million, an increase of 34% compared to the year-ago quarter;
- GAAP gross margin of 54%, compared to 55% in the year-ago quarter;
- Non-GAAP gross margin of 58%, compared to 58% in the year-ago quarter;
- GAAP net loss of $(17) million, compared to $(13) million in the year-ago quarter; and
- Adjusted EBITDA loss of $(3) million, compared to $(4) million in the year-ago quarter.
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Alkami is providing guidance for its second quarter ending June 30, 2023 of:
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GAAP total revenue in the range of $62.5 million to $63.5 million;
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Adjusted EBITDA loss in the range of ($4.5) million to ($3.5) million.
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Alkami is providing guidance for its calendar year ending December 31, 2023 of:
- GAAP total revenue in the range of $257 million to $261 million;
- Adjusted EBITDA loss in the range of ($6) million to ($3) million.
For further details see:
Alkami Technology GAAP EPS of -$0.18 misses by $0.01, revenue of $59.99M beats by $1.28M