MeridianLink (MLNK) Surpasses Q4 Earnings and Revenue Estimates

Core Insights - MeridianLink (MLNK) reported quarterly earnings of $0.08 per share, exceeding the Zacks Consensus Estimate of$ 0.07 per share, and a significant improvement from a loss of $0.29 per share a year ago [1] - The company achieved revenues of$ 79.44 million for the quarter, surpassing the Zacks Consensus Estimate by 1.80% and showing growth from $74.58 million year-over-year [3] Earnings Performance - The earnings surprise for the quarter was 14.29%, while the previous quarter saw a negative surprise of -33.33% [2] - Over the last four quarters, MeridianLink has only surpassed consensus EPS estimates once [2] Revenue Insights - MeridianLink has consistently topped consensus revenue estimates, achieving this four times over the last four quarters [3] - The current consensus EPS estimate for the upcoming quarter is$ 0.10, with expected revenues of $81.04 million, and for the current fiscal year, the estimate is$ 0.37 on revenues of $329.75 million [8] Market Performance - MeridianLink shares have declined approximately 10.6% since the beginning of the year, contrasting with the S&P 500's decline of -0.7% [4] - The company's current Zacks Rank is 4 (Sell), indicating expectations of underperformance in the near future [7] Industry Context - The Technology Services industry, to which MeridianLink belongs, is currently ranked in the top 27% of over 250 Zacks industries, suggesting a favorable industry outlook [9]