MeridianLink, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024
May 08, 2024 at 01:35 am IST
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MeridianLink, Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 77.82 million compared to USD 77.14 million a year ago. Net loss was USD 5.31 million compared to USD 5.67 million a year ago.
Basic loss per share from continuing operations was USD 0.07 compared to USD 0.07 a year ago. Diluted loss per share from continuing operations was USD 0.07 compared to USD 0.07 a year ago.
MeridianLink, Inc. is a provider of software platforms for financial institutions and consumer reporting agencies. The Companyâs cloud-based digital lending, account opening, background screening, and data verification solutions leverage shared intelligence from a unified data platform, MeridianLink One, to enable customers of all sizes to identify growth opportunities, scale up, and support compliance efforts. Its lending software solutions provide a fully digital workflow for its customers, extending from their clientâs initial account opening applications to its customerâs final extension of credit and, where necessary, collections activity. It enables its customers to offer an array of products and services to new and existing clients. Its solutions address various categories of consumer lending, including mortgage, credit card, personal, auto, home equity, and others. It serves financial institutions, including banks, mortgage lenders, specialty lending providers, and others.