|Bid||0.00 x 1400|
|Ask||0.00 x 1000|
|Day's Range||15.61 - 16.17|
|52 Week Range||9.23 - 32.50|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 02, 2022 - Nov 07, 2022|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||19.00|
Subscribe to Yahoo Finance Plus to view Fair Value for ALKT
With me on today's call are Alex Shootman, chief executive officer; and Bryan Hill, chief financial officer. During today's call, we may make forward-looking statements about guidance and other matters regarding our future performance. For a summary of risk factors associated with our forward-looking statements, please refer to today's press release and the section in our latest Form 10-K and 10-Q entitled Risk Factors and Forward-Looking Statements.
Alkami (ALKT) delivered earnings and revenue surprises of 11.11% and 5.32%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
PLANO, Texas, Aug. 03, 2022 (GLOBE NEWSWIRE) -- Alkami Technology, Inc. (Nasdaq: ALKT) (“Alkami”), a leading cloud-based digital banking solutions provider for U.S. banks and credit unions, today announced results for its second quarter ending June 30, 2022. Second Quarter 2022 Financial Highlights GAAP total revenue of $50.5 million, an increase of 38% compared to the year-ago quarter;GAAP gross margin of 54%, compared to 56% in the year-ago quarter;Non-GAAP gross margin of 58%, compared to 58%