Alkami Technology Third Quarter 2022 Earnings: Revenues Beat Expectations, EPS Lags

Alkami Technology (NASDAQ:ALKT) Third Quarter 2022 Results

Key Financial Results

• Revenue: US$53.4m (up 34% from 3Q 2021).
• Net loss: US$20.0m (loss widened by 79% from 3Q 2021).
• US$0.22 loss per share (further deteriorated from US$0.13 loss in 3Q 2021).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Alkami Technology Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) missed analyst estimates by 22%.

Looking ahead, revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Software industry in the US.

Performance of the American Software industry.

The company's shares are down 13% from a week ago.

Risk Analysis

Before you take the next step you should know about the 3 warning signs for Alkami Technology that we have uncovered.

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