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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.
Total revenue reached $72.987 million.
Gross profit was $45.761 million.
Net income amounted to $2.172 million.
Adjusted EBITDA was $28.184 million.
MeridianLink provided revenue and Adjusted EBITDA guidance for the three months ending September 30, 2022, and the year ending December 31, 2022.
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