Alkami Technology Reports Strong Q3 2024 Revenue Growth
Company Announcements

Alkami Technology Reports Strong Q3 2024 Revenue Growth

Alkami Technology ( (ALKT) ) just unveiled an announcement.

Alkami Technology, a leading digital banking solutions provider, reported a strong third quarter for 2024 with a 26.9% increase in revenue to $85.9 million and improved margins. The company added 2.6 million new users and signed nine new clients, highlighting its growth and market leadership. CEO Alex Shootman emphasized the success in client renewals and product expansions, while CFO Bryan Hill reiterated the focus on achieving future financial goals. Alkami’s outlook remains optimistic with expectations for continued revenue growth and heightened profitability.

For a thorough assessment of ALKT stock, go to TipRanks’ Stock Analysis page.

Related Articles
TheFlyAlkami price target raised to $45 from $38 at Craig-Hallum
TheFlyAlkami price target raised to $46 from $41 at JMP Securities
TheFlyAlkami price target raised to $41 from $35 at Barclays
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App