Alkami Technology, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 03, 2022 at 04:07 pm EDT
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Alkami Technology, Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was USD 50.53 million compared to USD 36.7 million a year ago. Net loss was USD 20.23 million compared to USD 11.38 million a year ago. Basic loss per share from continuing operations was USD 0.22 compared to USD 0.15 a year ago.
For the six months, sales was USD 95.32 million compared to USD 69.96 million a year ago. Net loss was USD 33.64 million compared to USD 22.25 million a year ago. Basic loss per share from continuing operations was USD 0.37 compared to USD 0.56 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. 
