Alkami Technology, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024
May 02, 2024 at 01:35 am IST
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Alkami Technology, Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 76.13 million compared to USD 60 million a year ago. Net loss was USD 11.43 million compared to USD 16.96 million a year ago.
Basic loss per share from continuing operations was USD 0.12 compared to USD 0.18 a year ago.
Alkami Technology, Inc. is a cloud-based digital banking solutions provider for financial institutions in the United States. It helps clients transform through retail and business banking, digital account opening, payment security, and data analytics and marketing solutions. Its solution, Alkami Digital Banking Platform, offers an end-to-end set of digital banking software products. Its platform integrates with core system providers and other third-party fintech providers, and acts as the primary interaction point among consumers, businesses and financial institutions. Alkami Digital Banking Platform allows financial institutions to onboard and engage new users with the support of a cloud-based, multi-tenant architecture. Alkami Digital Banking Platform provides financial institutions with a complete digital banking solution designed to facilitate and meet the needs of both retail and business users. Its 10 product categories encompass 33 products and more than 300 integrations.
ALKAMI TECHNOLOGY, INC. 
