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Sep 30, 2023
MeridianLink Q3 2023 Earnings Report
MeridianLink's Q3 2023 financial performance reflected year-over-year revenue growth, driven by lending software solutions.
Key Takeaways
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.
Revenue increased by 7% year-over-year to $76.5 million.
Lending software solutions revenue grew by 12% year-over-year to $58.9 million.
Operating income was $5.6 million, representing 7% of revenue.
Net loss was $(2.1) million, or (3)% of revenue, while adjusted EBITDA was $29.8 million, or 39% of revenue.
Revenue by Segment
Forward Guidance
The Company issued fourth quarter financial guidance and reaffirms full year 2023 financial guidance.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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