MeridianLink: Q2 Earnings Snapshot
COSTA MESA, Calif. (AP) — COSTA MESA, Calif. (AP) — MeridianLink Inc. (MLNK) on Tuesday reported a loss of $5.2 million in its second quarter.
On a per-share basis, the Costa Mesa, California-based company said it had a loss of 6 cents. Earnings, adjusted for one-time gains and costs, were 3 cents per share.
The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 6 cents per share.
The provider of cloud-based software services for financial institutions posted revenue of $75.4 million in the period, also falling short of Street forecasts. Three analysts surveyed by Zacks expected $77.3 million.
For the current quarter ending in September, MeridianLink said it expects revenue in the range of $76 million to $78 million.
The company expects full-year revenue in the range of $302 million to $306 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MLNK at https://www.zacks.com/ap/MLNK
