Alkami Sees FY24 Revenue $328.5M-$333M Vs $410.54M Estimate
Portfolio Pulse from Benzinga Newsdesk
Alkami forecasts its FY24 revenue to be between $328.5M and $333M, significantly lower than the estimated $410.54M.

May 01, 2024 | 9:36 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Alkami's FY24 revenue projection significantly misses analyst estimates, indicating potential challenges ahead.
Alkami's projected revenue for FY24 is substantially below the market expectations, which could lead to negative investor sentiment and a potential decrease in stock price in the short term. This discrepancy between expected and forecasted revenue is a critical factor for investors, as it may indicate underlying challenges in the company's operations or market conditions.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100