Alkami Technology, Inc. (ALKT) Misses Q2 EPS by 14c
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Alkami Announces Second Quarter 2022 Financial Results
August 3, 2022 4:05 PM EDTPLANO, Texas, Aug. 03, 2022 (GLOBE NEWSWIRE) -- Alkami Technology, Inc. (Nasdaq: ALKT) (Alkami), a leading cloud-based digital banking solutions provider for U.S. banks and credit unions, today announced results for its second quarter ending June 30, 2022.
Second Quarter 2022 Financial Highlights
GAAP total revenue of $50.5 million, an increase of 38% compared to the year-ago quarter;GAAP gross margin of 54%, compared to 56% in the year-ago quarter;Non-GAAP gross margin of 58%, compared to 58% in the year-ago quarter;GAAP net loss of ($20.2) million, compared to ($11.4) million in the year-ago quarter;... More