Alkami Technology, Inc. Stock Price, News & Analysis

Alkami Technology, Inc. (Nasdaq: ALKT) announced its Q4 and full-year 2022 financial results. Q4 revenue reached $55.5 million, a 31% increase year-over-year, though gross margins slightly decreased to 52%. The company reported a net loss of $(4.9) million, improving from $(13.3) million in Q4 2021. For the full year, total revenue was $204.3 million, up 34%, but net loss widened to $(58.6) million from $(46.8) million. Alkami expanded its user base by 2.2 million in 2022 and ended the year with 14.5 million digital banking users, achieving an annual recurring revenue of $226 million, a 34% increase.

Alkami Technology, Inc. (Nasdaq: ALKT) announced plans to report its financial results for the fourth quarter ending December 31, 2022, on February 23, 2023, after market close. A conference call will follow at 5:00 p.m. ET, where management will discuss the results and answer investor questions. Investors can access the live webcast on Alkami's investor relations site. Alkami is a leading provider of cloud-based digital banking solutions in the U.S., focused on helping financial institutions enhance their digital capabilities.

Alkami Technology, Inc. (NASDAQ: ALKT) announced its annual conference, Alkami Co:lab, taking place from April 3-5, 2023, in Grapevine, TX. The theme is "Winning at Innovation through Co:laboration," focusing on trends in digital banking and fintech. Keynote speakers include Jim Marous and Scott Klososky, discussing banking innovations and future digital trends. Breakout sessions will cover retail and business banking, data analytics, and marketing strategies. The event is aimed at shaping a user-centric future in digital banking. While in-person passes are sold out, live stream registration is still available.

Alkami Technology (NASDAQ: ALKT) has launched a new podcast series titled FIsionaries, hosted by fintech influencer Jim Marous. This series aims to support regional and community banks and credit unions by sharing insights and strategies for enhancing their digital banking initiatives. The podcast covers key themes such as transformational culture, fintech collaboration, customer experiences, and leveraging data for results. The first four episodes focus on various aspects of digital transformation in financial institutions, featuring insights from industry leaders. Alkami aims for FIsionaries to become a primary resource for actionable digital banking success.

Alkami Technology, Inc. (Nasdaq: ALKT) has released a new eBook titled "Turn Digital Banking into a Profit Center," aimed at guiding financial institutions (FIs) in their digital transformation efforts. The global digital banking market is projected to exceed $10.3 trillion by 2028, with 75% of banks and credit unions already initiating digital transformation. The eBook presents essential strategies for FIs to enhance profitability through effective data utilization.

Key components include Data-Driven Insights, Seamless User Experience, and Cloud-Forward Thinking. Alkami emphasizes a shift in perspective, viewing digital banking as a profit center rather than merely a cost.

Alkami Technology, Inc. (Nasdaq: ALKT) has been awarded Partner of the Year by AMOCO Federal Credit Union, recognizing its significant contribution to member service and growth. The collaboration led to the implementation of the Alkami Platform in 2019, enhancing digital banking capabilities. AMOCO reported an increase to 1.6 million monthly logins, with the app’s rating climbing from 3.6 to 4.9. Senior vice president Nate Ashworth praised Alkami for delivering a top-tier user experience and essential integrations, indicating a strong partnership focused on future growth.

Alkami Technology (Nasdaq: ALKT) has enhanced its digital sales capabilities following the launch of the Segmint data and marketing solution by Ideal Credit Union on the Alkami Platform. This integration allows Ideal to provide personalized banking product offers to its members. Recently, Ideal Credit Union utilized this solution to promote CD offers, resulting in over $1 million in CDs opened. Alkami's CEO highlighted that the Segmint integration empowers financial institutions to deepen customer relationships and drive revenue growth.

Alkami Technology, a leading provider of cloud-based digital banking solutions, announced that its data analytics solution, Segmint, has been featured in the Martech Map for the second consecutive year. The Martech Map, established by Scott Brinker, showcases over 10,000 marketing technology solutions, reflecting significant growth in the industry. Alkami emphasizes the critical role of integrated data for financial institutions to enhance revenue from digital banking. The company also released a strategy guide aimed at helping financial institutions deepen client relationships and drive growth in 2023.

On November 30, 2022, Alkami Technology, Inc. (Nasdaq: ALKT) announced that its leadership team will present at the Barclays Global Technology, Media and Telecommunications Conference on December 7, 2022. CEO Alex Shootman and CFO Bryan Hill will represent the company during the event. A webcast and replay will be accessible via Alkami's investor relations website. Alkami is a prominent provider of cloud-based digital banking solutions, helping financial institutions enhance their services and adapt to market demands.