Alkami Technology (NASDAQ:ALKT) reported its Q1 earnings results on Wednesday, May 3, 2023 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
Alkami Technology beat estimated earnings by 33.33%, reporting an EPS of $-0.04 versus an estimate of $-0.06.
Revenue was up $15.21 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.02 which was followed by a 2.89% drop in the share price the next day.
Here’s a look at Alkami Technology’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.07 | -0.07 | -0.08 | -0.060 |
| EPS Actual | -0.05 | -0.06 | -0.07 | -0.049 |
| Revenue Estimate | 54.94M | 52.13M | 48.03M | 43.83M |
| Revenue Actual | 55.54M | 53.41M | 50.53M | 44.79M |
To track all earnings releases for Alkami Technology visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.