Alkami Technology (ALKT) Q1 Earnings and Revenues Beat Estimates

Group 1: Earnings Performance - Alkami Technology reported quarterly earnings of $0.13 per share, exceeding the Zacks Consensus Estimate of $0.09 per share, and up from $0.04 per share a year ago, representing an earnings surprise of 44.44% [1] - The company posted revenues of $97.84 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 3.83%, compared to year-ago revenues of $76.13 million [2] - Alkami has surpassed consensus EPS estimates for four consecutive quarters [2] Group 2: Stock Performance and Outlook - Alkami shares have declined approximately 28% since the beginning of the year, while the S&P 500 has decreased by 5.5% [3] - The current consensus EPS estimate for the upcoming quarter is $0.09 on revenues of $108.12 million, and for the current fiscal year, it is $0.41 on revenues of $442.89 million [7] - The estimate revisions trend for Alkami is currently unfavorable, resulting in a Zacks Rank 4 (Sell) for the stock, indicating expected underperformance in the near future [6] Group 3: Industry Context - The Internet - Software industry, to which Alkami belongs, is currently ranked in the bottom 44% of over 250 Zacks industries, suggesting potential challenges for stock performance [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact investor sentiment [5]