MeridianLink (NYSE:MLNK) Second Quarter 2024 Results

Key Financial Results

• Revenue: US$78.7m (up 4.3% from 2Q 2023).

• Net loss: US$9.67m (loss widened by 85% from 2Q 2023).

• US$0.13 loss per share (further deteriorated from US$0.065 loss in 2Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

MeridianLink EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates.

Looking ahead, revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in the US.

Performance of the American Software industry.

The company's shares are down 4.2% from a week ago.

Risk Analysis

You should learn about the 1 warning sign we've spotted with MeridianLink.

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