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Alkami Announces Launch of Proposed Secondary Offering of Common Stock by Selling Stockholders
Prnewswire· 2024-08-08 20:31
PLANO, Texas, Aug. 8, 2024 /PRNewswire/ -- Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami" or the "Company"), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., today announced the launch of an underwritten secondary offering (the "Offering") of an aggregate of 5,000,000 shares of the Company's common stock to be sold by entities affiliated with General Atlantic, L.P., S3 Ventures Fund III, L.P., George B. Kaiser and Brian R. Smith (collectively, the "Selling S ...
Alkami's Soaring Stock: Growth Story Or Fully Valued?
Seeking Alpha· 2024-08-06 19:18
ridvan_celikInvestment Outlook Alkami Technology (NASDAQ:ALKT) recently reported its Q2 2024 financial results, beating revenue but matching earnings estimates. I previously wrote about Alkami in June 2023 with a Hold outlook due to revenue growth questions and continued heavy operating losses. While revenue has continued to grow and operating losses have been reduced, the U.S. economy is slowing, and I’m pessimistic that the company will be able to retain its previous growth rate. I remain Neutral (Hol ...
Texans Credit Union Launches Atomic Solutions Platform with Alkami Technology to Enhance Member Financial Capabilities
Prnewswire· 2024-08-06 15:15
RICHARDSON, Texas, Aug. 6, 2024 /PRNewswire/ -- Texans Credit Union (Texans), a premier credit union in North Texas, proudly announces the launch of Atomic Financial's (Atomic) direct deposit switching solution in partnership with Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami"), a leading cloud-based digital banking solutions provider for financial institutions in the U.S. This integration seamlessly incorporates Atomic's market-leading technology and Alkami's Digital Banking Platform, empowering Texans' ...
Alkami(ALKT) - 2024 Q2 - Quarterly Report
2024-08-01 12:35
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, $0.001 par value per share ALKT The Nasdaq Stock Market LLC FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ ...
Alkami(ALKT) - 2024 Q2 - Earnings Call Transcript
2024-08-01 02:19
Alkami Technology, Inc. (NASDAQ:ALKT) Q2 2024 Earnings Call July 31, 2024 5:00 PM ET Company Participants Steve Calk - Vice President, Investor Relations Alex Shootman - Chief Executive Officer Bryan Hill - Chief Financial Officer Conference Call Participants Chris Kennedy - William Blair Mayank Tandon - Needham Pat Walravens - JMP Securities Jacob Stephan - Lake Street Andrew Schmidt - Citi Operator Good afternoon, ladies and gentlemen, and welcome to the Alkami Technology’s Second Quarter 2024 Financial R ...
Alkami(ALKT) - 2024 Q2 - Earnings Call Presentation
2024-08-01 02:16
Alkami Technology Second Quarter 2024 Alkami Technology, Inc. Proprietary Information. © Alkami Technology, Inc. Cautionary Statement Regarding Forward-Looking Statements This presentation contains "forward-looking" statements relating to Alkami Technology, Inc.'s strategy, goals, future focus areas, and expected, possible or assumed future results, including its future cash flows and its financial outlook. These forward-looking statements are based on management's beliefs and assumptions and on information ...
Alkami Technology (ALKT) Q2 Earnings and Revenues Top Estimates
ZACKS· 2024-07-31 22:51
Alkami Technology (ALKT) came out with quarterly earnings of $0.04 per share, beating the Zacks Consensus Estimate of $0.02 per share. This compares to loss of $0.03 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 100%. A quarter ago, it was expected that this provider of digital banking services would post earnings of $0.02 per share when it actually produced earnings of $0.04, delivering a surprise of 100%.Over the last four ...
Alkami(ALKT) - 2024 Q2 - Quarterly Results
2024-07-31 20:43
Exhibit 99.1 Alkami Announces Second Quarter 2024 Financial Results PLANO, Texas, July 31, 2024 (PRNewswire) -- Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami"), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., today announced results for its first quarter ending June 30, 2024. Second Quarter 2024 Financial Highlights • GAAP total revenue of $82.2 million, an increase of 24.9% compared to the year-ago quarter; • GAAP gross margin of 59.4%, compared to 53.9% i ...
Alkami Announces Second Quarter 2024 Financial Results
Prnewswire· 2024-07-31 20:05
PLANO, Texas, July 31, 2024 /PRNewswire/ -- Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami"), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., today announced results for its first quarter ending June 30, 2024.Second Quarter 2024 Financial HighlightsGAAP total revenue of $82.2 million, an increase of 24.9% compared to the year-ago quarter;GAAP gross margin of 59.4%, compared to 53.9% in the year-ago quarter;Non-GAAP gross margin of 63.2%, compared to 58.7% in ...
Alkami to Announce Second Quarter 2024 Financial Results
Prnewswire· 2024-07-18 12:00
PLANO, Texas, July 18, 2024 /PRNewswire/ -- Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami"), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., today announced that it plans to report financial results for its second quarter ended June 30, 2024 on Wednesday, July 31, 2024, after the market close.Alkami will host a conference call at 5:00 p.m. ET the same day to discuss its financial results with investors. A live webcast of the event will be available on the " ...