Alkami Tech Q2 2022 Earnings Report
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.
Alkami Tech
Alkami Tech
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.