Recap: Alkami Technology Q4 Earnings
Portfolio Pulse from Benzinga Insights
Alkami Technology (NASDAQ:ALKT) reported Q4 earnings with an EPS of $0.02, matching the estimate but showing significant revenue growth of $15.83 million year-over-year. Despite matching EPS estimates, this marks a continuation of positive revenue trends seen in previous quarters.
February 28, 2024 | 9:50 pm
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Alkami Technology reported Q4 earnings with an EPS of $0.02, exactly meeting estimates, and a significant year-over-year revenue increase of $15.83 million.
Alkami Technology's Q4 earnings report shows a strong revenue growth, which is a positive sign for investors. Although the EPS met the estimates without exceeding them, the consistent revenue increase over the past quarters suggests a positive trajectory for the company. Historically, the company's stock price increased by 10.0% following a positive earnings surprise last quarter. While this quarter's earnings only met expectations, the continued revenue growth could still positively influence investor sentiment and potentially lead to a short-term increase in stock price.
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