Alkami Technology, Inc. Stock Price, News & Analysis

Alkami Technology Inc. (Nasdaq: ALKT) announced the launch of its social media campaign "To My Jelly Bean," emphasizing the role of regional and community banks in the lives of account holders. The campaign features a video showcasing a mother's heartfelt letter to her daughter, highlighting significant life moments supported by their local bank. The initiative aims to remind communities of the critical support these financial institutions provide in achieving financial dreams. The video encourages sharing personal stories with the hashtag #AllOfLifesMoments to foster connection and community engagement.

On March 29, 2023, Alkami Technology Inc. (Nasdaq: ALKT) announced that Liberty Bank in Connecticut has successfully launched the Alkami Digital Banking Platform. This transition involves converting approximately 150,000 customers to Alkami's platform, which supports business, retail, and mobile banking. Liberty Bank aims to enhance its digital offerings and customer experience as part of a comprehensive tech overhaul. The partnership is expected to bolster Liberty's competitive position by delivering innovative solutions and personalized communication channels, aligning with Alkami's vision for the future of digital banking.

Alkami Technology Inc. (NASDAQ: ALKT) announced the launch of its Digital Banking Platform by Kennebec Savings Bank in Maine on March 8, 2023. This integrated solution provides a unified platform for business, retail, and mobile banking, enhancing customer experience through data personalization and seamless access to accounts. Kennebec's CIO emphasized the need for a flexible solution to support local businesses. Alkami CEO highlighted the platform's potential to empower customer engagement and service delivery. This collaboration aims to position Kennebec as a significant player in the digital banking sector.

Alkami Technology, Inc. (Nasdaq: ALKT), a premier cloud-based digital banking solutions provider, will present at the JMP Securities Technology Conference on March 6, 2023. The company's leadership, including CEO Alex Shootman and CFO Bryan Hill, will share insights on Alkami's innovative services aimed at enhancing digital banking for U.S. financial institutions. Attendees can access a webcast and replay of the event at investors.alkami.com. Alkami specializes in retail and business banking, digital account opening, payment security, and data analytics, helping clients thrive in the digital banking space.

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.