MeridianLink Q2 2021 Earnings Report
Key Takeaways
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.
Revenue increased by 38% year-over-year, reaching $68.5 million.
Operating profit was $19.2 million, representing 28% of revenue.
Adjusted EBITDA was $33.4 million, or 49% of revenue.
Completed initial public offering on July 28, 2021, with net proceeds of $241.5 million.
MeridianLink
MeridianLink
MeridianLink Revenue by Segment
Forward Guidance
The Company issues the following financial guidance. Third Quarter Fiscal 2021: Revenue is expected to be in the range of $62.9 million to $63.5 million. Adjusted EBITDA is expected to be in the range of $25.0 million to $25.6 million. Full Year 2021: Revenue is expected to be in the range of $256.7 million to $257.9 million. Adjusted EBITDA is expected to be in the range of $112.3 million to $113.5 million
Revenue & Expenses
Visualization of income flow from segment revenue to net income