ALKT Stock Recent News

PLANO, Texas , March 10, 2025 /PRNewswire/ -- Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami"), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., today announced its intention to offer, subject to market and other conditions, $300,000,000 aggregate principal amount of convertible senior notes due 2030 (the "notes") in a private offering (the "Offering") to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). Alkami also expects to grant the initial purchasers of the notes an option to purchase, for settlement within a period of 13 days from, and including, the date the notes are first issued, up to an additional $45,000,000 aggregate principal amount of the notes.

Focused on innovation and member financial wellness, AEFCU will deliver a streamlined and personalized digital experience PLANO, Texas , March 5, 2025 /PRNewswire/ -- Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami"), a leading cloud-based digital banking solutions  provider for financial institutions in the U.S., announced today that Connecticut-based American Eagle Financial Credit Union (AEFCU or American Eagle), has signed on to leverage the innovation and user experience in Alkami's Digital Banking Platform. This partnership reflects AEFCU's dedication to enhancing its digital-first strategy and creating an exceptional, member-centered digital banking experience.

Alkami Technology, Inc. (NASDAQ:ALKT ) Q4 2024 Earnings Conference Call February 27, 2025 5:00 PM ET Company Participants Steve Calk - Vice President, Investor Relations Alex Shootman - Chief Executive Officer Bryan Hill - Chief Financial Officer Conference Call Participants Patrick Walravens - Citizens JMP Chris Kennedy - William Blair Adam Hotchkiss - Goldman Sachs Alice Smith - JPMorgan Daniel Hibshman - Craig-Hallum Capital Group Operator Good afternoon, ladies and gentlemen. And welcome to the Alkami Technology Fourth Quarter 2024 Financial Results Conference Call.

Alkami Technology (ALKT) came out with quarterly earnings of $0.10 per share, beating the Zacks Consensus Estimate of $0.08 per share. This compares to earnings of $0.03 per share a year ago.

Alkami Today Also Announced Its Intent to Acquire MANTL PLANO, Texas , Feb. 27, 2025 /PRNewswire/ -- Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami"), a leading cloud-based digital banking solutions provider for financial institutions (FIs) in the U.S., today announced results for its fourth quarter ending December 31, 2024. Fourth Quarter 2024 Financial Highlights GAAP total revenue of $89.7 million, an increase of 25.6% compared to the year-ago quarter; GAAP gross margin of 59.3%, compared to 56.0% in the year-ago quarter; Non-GAAP gross margin of 63.1%, compared to 60.3% in the year-ago quarter; GAAP net loss of $(7.6) million, compared to $(12.7) million in the year-ago quarter; and Adjusted EBITDA of $10.2 million, compared to $3.1 million in the year-ago quarter.

Combination Creates Powerhouse Digital Sales and Service Platform PLANO, Texas , Feb. 27, 2025 /PRNewswire/ -- Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami"), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., today announced that it signed a definitive agreement to acquire Fin Technologies, Inc. ("MANTL") for an enterprise value of $400 million, on a debt free, cash free basis and subject to customary purchase price adjustments, expected to be $7 million. Alkami plans to fund the acquisition with cash of approximately $380 million and restricted stock units issued to continuing MANTL employees with an estimated value of $13 million at transaction closing in replacement for unvested compensatory stock options.

Leveraging Alkami's cutting-edge technology, Financial Center First Credit Union enhances its dual-branded strategy and member experience with a scalable digital banking platform PLANO, Texas , Feb. 25, 2025 /PRNewswire/ -- Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami"), a leading cloud-based digital banking solutions  provider for financial institutions in the U.S., announced today its partnership with Indianapolis-based Financial Center First Credit Union (Financial Center) to transform its digital banking experience. A key aspect of this collaboration is Financial Center's ability to enhance its dual-branded strategy, serving both its primary membership and Ball State Financial, a co-branded entity catering to Ball State University's community.

Agenda offers expert-led discussions with over 40 speakers, CTP credits, and actionable strategies  for financial institutions PLANO, Texas , Feb. 20, 2025 /PRNewswire/ -- Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami"), a leading cloud-based digital banking solutions  provider for financial institutions in the U.S., has curated a dynamic series of expert-led breakout sessions for Alkami Co:lab 2025 , its premier annual conference designed to foster collaboration, innovation, and growth for financial institutions. The breakout tracks at Alkami Co:lab 2025 will provide attendees with actionable insights across key areas, including digital banking, business banking, data and marketing, security and compliance, technology, and professional development.

PLANO, Texas , Feb. 17, 2025 /PRNewswire/ -- Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami"), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., today announced that it plans to report financial results for its fourth quarter ended December 31, 2024 on Thursday, February 27, 2025, after the market close. Alkami will host a conference call at 5:00 p.m.

Fostering an inclusive environment for people to engage, network, and grow in the financial services industry PLANO, Texas , Feb. 6, 2025 /PRNewswire/ -- Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami"), a leading cloud-based digital banking solutions  provider for financial institutions in the U.S., is excited to announce the 3rd annual Women in Banking event, taking place during the Alkami Co:lab 2025 conference in Nashville, TN. This signature event brings together banking professionals across multiple disciplines to celebrate and empower women in the financial services sector, focusing on leadership, professional development, digital banking innovation, and inclusion.