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MeridianLink (MLNK)
NYSE:MLNK
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Earnings Data
Report Date
Mar 06, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
$0.08Last Year’s EPS
-$0.29Same Quarter Last Year
Based on 4 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 07, 2024
|% Change Since: -13.64%
|Next Earnings Date:Mar 06, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted strong financial performance in revenue and EBITDA margins alongside strategic leadership enhancements and successful cross-sell initiatives. However, ongoing macroeconomic headwinds and specific declines in mortgage and data verification revenues present challenges.Company Guidance
During MeridianLink's third-quarter 2024 earnings call, the company reported a revenue of $80.4 million, marking a 5% year-over-year increase, which reached the high end of their guidance. Adjusted EBITDA was $33.8 million, achieving a 42% margin and exceeding expectations. The company returned $31.3 million to shareholders through stock buybacks. MeridianLink outlined guidance for Q4 2024, projecting GAAP revenue between $76 million and $80 million, reflecting a 2% to 7% year-over-year increase, and full-year revenue between $313 million and $317 million, indicating a 3% to 4% increase. Adjusted EBITDA for Q4 is expected to range from $29.5 million to $32.5 million, maintaining strong margins of around 40% at the midpoint. The guidance considers ongoing macroeconomic challenges, including high mortgage rates and constrained liquidity in the financial sector.Revenue Growth and Strong EBITDA Margin
Achieved revenue of $80.4 million, a 5% growth year-over-year, with an adjusted EBITDA of $33.8 million, representing a 42% margin, exceeding the high end of guidance.
Effective Capital Returns
Returned $31.3 million of capital to shareholders via stock buybacks, totaling $105.6 million year-to-date.
Executive Leadership Strengthening
Promotion of Larry Katz to President and onboarding of Elias Olmeta as CFO, noted for their deep industry knowledge and successful operational experience.
Cross-Sell Success
Strong cross-sell momentum, particularly in mortgage, with notable deals like Broadway Bank and a credit union consolidating multiple systems into the MeridianLink One platform.
Solid Foundation for Growth
Strong pipeline, bookings, and activations with significant expansion prospects with MeridianLink One platform, aiming for mid-teens revenue growth in a normalized environment.
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MLNK Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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MLNK Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 07, 2024 | $24.42 | $24.09 | -1.35% |
| Aug 08, 2024 | $22.42 | $21.21 | -5.40% |
| May 07, 2024 | $17.26 | $17.62 | +2.09% |
| Mar 05, 2024 | $18.89 | $18.09 | -4.24% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does MeridianLink (MLNK) report earnings?
MeridianLink (MLNK) is schdueled to report earning on Mar 06, 2025, TBA Not Confirmed.
What is MeridianLink (MLNK) earnings time?
MeridianLink (MLNK) earnings time is at Mar 06, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is MLNK EPS forecast?
MLNK EPS forecast for the fiscal quarter 2024 (Q4) is $0.08.
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