MeridianLink: Q4 Earnings Insights
Portfolio Pulse from Benzinga Insights
MeridianLink (NYSE:MLNK) reported Q4 earnings with an EPS of $-0.29, missing estimates by -123.0% against an expected $-0.13. Revenue increased by $4.03 million from the previous year. In the last quarter, MLNK beat EPS estimates which led to a 6.0% share price increase the following day.
March 05, 2024 | 9:30 pm
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MeridianLink reported a significant miss in Q4 earnings with an EPS of $-0.29, far below the expected $-0.13, but showed an increase in revenue by $4.03 million from the previous year.
The significant miss in earnings expectations is likely to negatively impact investor sentiment in the short term, especially considering the stock's positive reaction to the last quarter's earnings beat. However, the increase in revenue might offset some of the negative sentiment.
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