MeridianLink Earnings Reports

MeridianLink delivered strong second-quarter results with total revenue reaching $84.6 million, an 8% increase year-over-year, primarily fueled by a 12% growth in lending software solutions revenue. The company also reported healthy cash flow from operations and free cash flow. Additionally, MeridianLink announced its definitive agreement to be acquired by Centerbridge Partners for approximately $2.0 billion.

MeridianLink achieved a 5% year-over-year revenue increase in Q1 2025, supported by 10% growth in lending software solutions and efficient cost management. Although the company reported a net loss, free cash flow remained strong, and leadership transition plans were announced.

MeridianLink's Q4 2024 revenue increased 7% year-over-year to $79.4 million, driven by demand for digital lending solutions. Lending software solutions revenue grew 7% to $63.8 million, while data verification software solutions revenue increased 4% to $15.6 million. The company reported a net loss of $7.7 million, while non-GAAP net income reached $5.9 million. Free cash flow stood at $12.1 million, reflecting solid cash generation.

MeridianLink reported Q3 2024 revenue of $80.4 million, a 5% year-over-year increase, driven by a 7% increase in lending software solutions revenue. The company's net loss was $(7.1) million, while adjusted EBITDA reached $33.8 million.

MeridianLink reported a 4% year-over-year increase in revenue to $78.7 million, driven by an 11% increase in lending software solutions revenue. The company's operating loss was $(1.1) million, while non-GAAP operating income was $15.5 million. MeridianLink returned $29.9 million to stockholders via stock repurchases.

MeridianLink reported a 1% year-over-year increase in revenue for Q1 2024, driven by a 5% increase in lending software solutions revenue. The company is focused on its MeridianLink® One platform and strategic capital allocation.

MeridianLink reported a 6% year-over-year increase in Q4 revenue, driven by strong performance in lending software solutions. The company demonstrated cost discipline amidst challenging macroeconomic conditions. MeridianLink signed nine existing MeridianLink® Consumer customers on the MeridianLink® Mortgage solution and won multiple high-value platform deals, demonstrating the continued demand for MeridianLink One.

MeridianLink reported a 7% year-over-year increase in revenue, reaching $76.5 million, with lending software solutions driving growth. The company captured strong demand for MeridianLink One and launched new solutions to enhance the consumer experience.

MeridianLink reported a 3% increase in revenue to $75.4 million for Q2 2023. The company experienced strong demand for its software solutions, with solid bookings momentum and successful services delivery.

MeridianLink's Q1 2023 revenue grew by 6% year-over-year to $77.1 million, with lending software solutions revenue increasing by 18% year-over-year, now accounting for 75% of total revenue. The company reported an operating income of $1.7 million and a net loss of $5.7 million.

MeridianLink's Q4 2022 results showed a 10% increase in revenue, reaching $70.6 million. The growth was driven by the strength of the MeridianLink® One platform and the increasing adoption of bundled offerings by financial institutions. Lending software solutions were a significant contributor, accounting for 78% of total revenue.

MeridianLink reported a 7% year-over-year increase in revenue to $71.8 million for Q3 2022, driven by strength in digital lending. The company completed its cloud migration ahead of schedule and announced the acquisition of OpenClose.

MeridianLink's Q2 2022 performance showed an increase in revenue but a decrease in gross profit, net income, and adjusted EBITDA compared to Q2 2021. The company's revenue grew by $4.513 million, while net income decreased by $5.260 million.

MeridianLink reported a strong start to 2022, exceeding guidance in Q1 with revenue of $72.8 million, a 7% increase year-over-year. The company's lending software solutions revenue grew by 14% year-over-year, and they achieved a 47% adjusted EBITDA margin.

MeridianLink reported Q4 2021 revenue of $64.0 million, a 19% increase year-over-year, and an adjusted EBITDA margin of 38%. The company exceeded guidance in Q4, driven by strong momentum in the consumer side of the business, which was up 23% year-over-year.

MeridianLink reported strong Q3 2021 results with a 29% year-over-year revenue increase. The company's performance was driven by the adoption of its solutions by financial institutions and consumer reporting agencies.

MeridianLink reported a revenue of $68.5 million, representing a 38% year-over-year increase. The company's operating profit was $19.2 million, or 28% of revenue, and adjusted EBITDA was $33.4 million, or 49% of revenue. MeridianLink completed its initial public offering on July 28, 2021, for net proceeds of $241.5 million.