MeridianLink Q1 revenue $77.8M (+1% YoY), net loss $(5.3)M; guides FY2024 rev $311-319M

MeridianLink, Inc.

2024-Q1 EPS reported -$0.07 revenue$77,816,000

Revenue $77.8M (+1% YoY); lending software solutions revenue $60.9M (+5% YoY).
Net loss $(5.3)M; adjusted EBITDA $31.8M (41% of revenue).
Cash from operations $29.0M; free cash flow $27.1M.
New CFO Larry Katz appointed; MeridianLink One platform demand solid.
Q2 guidance: revenue $76-79M, adj EBITDA $29-32M; FY2024 rev $311-319M, adj EBITDA $123-130M.

item 2.02 item 7.01 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

MeridianLink, Inc. reported the first quarter ended March 31, 2024 results: revenue $77.8 million. Guidance initiated.

Period: the first quarter ended March 31, 2024
Revenue: $77.8 million
Guidance: initiated
Result: reported results

Exact text from the filing

MeridianLink Reports First Quarter 2024 Results First quarter revenue of $77.8 million grows 1% year-over-year

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Source: SEC EDGAR

accession 0001834494-24-000078

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