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Alkami(ALKT) - 2025 Q1 - Quarterly Report
2025-05-01 12:13
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ___________ Commission File Number 001-40321 ALKAMI TECHNOLOGY, INC. (Exact Name of Registrant as Specified in its Charter) Delaware 45-3060776 ...
Alkami Technology (ALKT) Q1 Earnings and Revenues Beat Estimates
ZACKS· 2025-04-30 22:45
Alkami Technology (ALKT) came out with quarterly earnings of $0.13 per share, beating the Zacks Consensus Estimate of $0.09 per share. This compares to earnings of $0.04 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 44.44%. A quarter ago, it was expected that this provider of digital banking services would post earnings of $0.08 per share when it actually produced earnings of $0.10, delivering a surprise of 25%.Over the last ...
Alkami(ALKT) - 2025 Q1 - Earnings Call Transcript
2025-04-30 21:00
Alkami (ALKT) Q1 2025 Earnings Call April 30, 2025 05:00 PM ET Speaker0 Hello, and welcome to Alchemy First Quarter twenty twenty five Financial Results Conference Call. My name is John, and I will be your operator for today's call. Following the presentation, we will conduct a question and answer session. I'd like to turn the conference over to Steve Koch, Vice President of Investor Relations. Steve, please go ahead. Speaker1 Thank you, John. With me today on the call are Alex Shuetman, Chief Executive Off ...
Alkami(ALKT) - 2025 Q1 - Earnings Call Presentation
2025-04-30 20:19
Alkami Technology, Inc. Proprietary Information. Alkami Technology First Quarter 2025 What We Do Cautionary Statement Regarding Forward-Looking Statements © Alkami Technology, Inc. • Cloud-based digital banking platform serving U.S. financial institutions How We Do It The company reports its financial results in accordance with accounting principles generally accepted in the United States of America, or GAAP. However, the company believes that, in order to properly understand its short-term and long-term fi ...
Alkami(ALKT) - 2025 Q1 - Quarterly Results
2025-04-30 20:11
Exhibit 99.1 Alkami Announces First Quarter 2025 Financial Results Company Also Announces Planned Retirement of CFO Bryan Hill PLANO, Texas, April 30, 2025 (PRNewswire) -- Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami" or "the Company"), a leading cloud- based digital banking solutions provider for financial institutions (FIs) in the U.S., today announced results for its first quarter ending March 31, 2025. First Quarter 2025 Financial Highlights Comments on the News Alex Shootman, Chief Executive Officer ...
Alkami Announces First Quarter 2025 Financial Results
Prnewswire· 2025-04-30 20:05
PLANO, Texas, April 30, 2025 /PRNewswire/ -- Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami" or "the Company"), a leading cloud-based digital banking solutions provider for financial institutions (FIs) in the U.S., today announced results for its first quarter ending March 31, 2025.First Quarter 2025 Financial Highlights GAAP total revenue of $97.8 million, an increase of 28.5% compared to the year-ago quarter; GAAP gross margin of 59.0%, compared to 57.8% in the year-ago quarter; Non-GAAP gross margin of ...
NuMark Credit Union Selects Alkami to Power Its Digital Banking Platform
Prnewswire· 2025-04-24 14:00
Committed to innovation and member-centric solutions, NuMark Credit Union will enhance digital experiences for retail and business banking members PLANO, Texas, April 24, 2025 /PRNewswire/ -- Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami"), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., announced that Illinois-based NuMark Credit Union (NuMark) has chosen Alkami's Digital Banking Platform to enhance its online and mobile banking experience for both retail ...
Alkami to Announce First Quarter 2025 Financial Results
Prnewswire· 2025-04-17 12:00
PLANO, Texas, April 17, 2025 /PRNewswire/ -- Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami"), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., today announced that it plans to report financial results for its first quarter ended March 31, 2025 on Wednesday, April 30, 2025, after the market close.Alkami will host a conference call at 5:00 p.m. ET the same day to discuss its financial results with investors. A live webcast of the event will be available on the ...
Alkami and Cornerstone Advisors Release New Digital Banking Performance Metrics Report
Prnewswire· 2025-04-16 14:00
Core Insights - The 2025 Digital Banking Performance Metrics Report indicates a growing parity in digital banking performance among financial institutions over the past six years, moving away from previous performance tier segmentation [2][3] Digital Banking Performance - The report utilizes a percentile-based benchmarking framework, providing performance data at the 75th percentile, median, 25th percentile, and overall averages, allowing banks and credit unions to evaluate their digital banking performance more effectively [2] Key Findings - Participating financial institutions reporting live chat activity increased by 61% from 2022 [7] - Average bill pay adoption rose to 35% in 2024, up from 29% in the previous two years [7] - Active person-to-person (P2P) payment users as a percentage of digital banking users increased by 8 percentage points to 34% in 2024 [7] - Digital checking account openings as a percentage of total checking account openings grew to 21% in 2024, compared to 16% the previous year [7] - The average number of monthly transactions among consumers using mobile payment capabilities increased by nearly 23% in 2024 from the previous year [7]
Alkami Recognizes Industry-Leading Financial Institutions for Innovation in Digital Banking Excellence with FIsionaries Awards
Prnewswire· 2025-04-09 14:00
Core Insights - Alkami Technology, Inc. recognizes financial institutions that are innovating digital banking through the FIsionaries™ Awards, highlighting their strategic advancements in digital transformation, data execution, culture, and user experience [1][4] Group 1: Awards and Recognition - The FIsionaries Awards celebrate organizations that are redefining digital banking with forward-thinking strategies [1] - Quontic Bank is honored for its transition to a fully digital banking model and innovative tap-to-pay debit ring [5] - Connexus Credit Union is recognized for its effective use of developer tools and APIs to enhance member experience and streamline workflows [5] - Nymeo Federal Credit Union is awarded for its employee-first culture that promotes trust and professional growth [5] - Kennebec Savings Bank is acknowledged for its strategic use of data to improve user experience and personalize financial services [5] Group 2: Podcast and Insights - The FIsionaries podcast, hosted by Jim Marous, showcases financial institutions leading in digital banking innovation and sharing their transformation journeys [2][3] - The podcast provides practical insights and success stories from regional and community financial institutions [3][6] - Each award recipient shares their strategies and challenges on the FIsionaries podcast, contributing to the broader conversation on digital transformation in banking [3]