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Jun 30, 2022
Alkami Tech Q2 2022 Earnings Report
Alkami drove revenue growth, sales performance and operating efficiency.
Key Takeaways
Alkami Technology, Inc. announced results for its second quarter ending June 30, 2022. GAAP total revenue was $50.5 million, an increase of 38% compared to the year-ago quarter. The company closed seven new logos, including two banks, bringing first half new logo count to six credit unions and six banks.
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% in the year-ago quarter.
GAAP net loss of ($20.2) million, compared to ($11.4) million in the year-ago quarter.
Forward Guidance
Alkami is providing guidance for its third quarter ending September 30, 2022 of: GAAP total revenue in the range of $51.5 million to $52.5 million; Adjusted EBITDA loss in the range of ($6.0) million to ($5.0) million.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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