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Alkami's Soaring Stock: Growth Story Or Fully Valued?
ALKTAlkami(ALKT) 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 ...