ALKT Earnings Prediction
The chart below shows how ALKT performed 10 days before and after its earnings report, based on data from the past quarters. Typically, ALKT sees a +0.37% change in stock price 10 days leading up to the earnings, and a +3.73% change 10 days following the report. On the earnings day itself, the stock moves by -0.91%. This data can give you a slight idea of what to expect for the next quarter's release.
ALKT Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
85.91M
26.89%
4.56%
Gross Margin
58.50%
9.43%
-0.73%
Operating Margin
-11.20%
-53.16%
-29.60%
Net Margin
-10.99%
-51.92%
-26.68%
EPS
-0.09
-43.75%
-30.77%
No Data Available
ALKT Earnings Analysis
Alkami Technology, Inc. Common Stock Corporation (ALKT.O) Earnings Conference Call
Positive
Strong Revenue and EBITDA Growth: In the third quarter of 2024, Alkami grew revenue 27% and expanded adjusted EBITDA to over $8.3 million, both ahead of expectations.
Client Acquisition Milestone: We added nine new digital banking clients including three banks and launched 12 clients on the Alkami platform, tying a previous record number of client launches in a quarter.
Industry Recognition Achieved: We were recognized by several third parties as we continue to establish ourselves as the leading digital banking platform.
User Growth Milestone: We exited the quarter with 19.5 million registered users on our digital banking platform, up approximately 900,000 sequentially and up 2.6 million or 15% compared to last year.
Cash and Marketable Securities: We ended the quarter with approximately $101 million of cash and marketable securities.
Negative
Operating Expenses and Leverage: Operating expenses of $46 million or 53.6% revenue represented year-over-year operating leverage of 490 basis points.
RPU Increase and Client Growth: We ended the quarter with an RPU of $17.54, up 8% compared to a year ago, driven by add-on sales success and the addition of new clients who tend to onboard with a high average RPU.
User Growth Milestone: We exited the quarter with 19.5 million registered users on our digital banking platform, up approximately 900,000 sequentially and up 2.6 million or 15% compared to last year.
Cash and Marketable Securities: We ended the quarter with approximately $101 million of cash and marketable securities.
Remaining Performance Obligation Growth: Our remaining performance obligation was just under $1.3 billion representing 3.7 times our ARR and up 27% compared to a year ago.
ALKT FAQs
How does ALKT typically perform around its earnings report dates?
Is Alkami Technology, Inc. (ALKT) Q3 2024 Earnings Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
ALKT Earning Call Sentiment
Alkami Technology, Inc. (ALKT) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
ALKT.O
-2.17%Positive
The earnings call presents strong financial performance with 27% YoY revenue growth and expanding margins. Despite some risks like client attrition and regulatory compliance, optimistic guidance and a robust product roadmap, especially in AI and digital banking, are positive indicators. The Q&A section reveals analysts' interest in AI adoption and offshoring benefits. The lack of a share repurchase program slightly tempers the sentiment. Given the company's market cap, the stock is likely to experience a positive movement of 2% to 8% over the next two weeks.
