ALKT Stock Recent News

PLANO, Texas, Nov. 29, 2023 (GLOBE NEWSWIRE) -- Alkami Technology, Inc. (Nasdaq: ALKT) (“Alkami”), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., today announced that company executive leadership will present at the Barclays Global Technology Conference on Wednesday, December 6, 2023. Presenters will include Alex Shootman, chief executive officer and Bryan Hill, chief financial officer. A webcast and replay of the event will be accessible at investors.alkami.com following the conference.

PLANO, Texas, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Alkami Technology, Inc. (Nasdaq: ALKT) (“Alkami”), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., today announced that company executive leadership will present at the Stephens Annual Investment Conference on Thursday, November 16, 2023. Presenters will include Stephen Bohanon, chief product and strategy officer & co-founder and Bryan Hill, chief financial officer. A webcast and replay of the event will be accessible at investors.alkami.com following the conference.

Alkami Technology, Inc. (ALKT) Q3 2023 Earnings Call Transcript

2023 is increasingly becoming another turbulent year for the U.S. equities markets, especially for the S&P 500 and Nasdaq. Both indices have faced increased volatility and downward pressure amid sticky inflation and ongoing geopolitical issues in Ukraine and the Middle East.

Alkami (ALKT) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

Alkami (ALKT) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

Alkami Technology (ALKT) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, ALKT broke through the 20-day moving average, which suggests a short-term bullish trend.

Alkami Technology provides cloud-based digital banking solutions for smaller banks, helping them serve customers more efficiently. Despite revenue growth and narrowing EBITDA losses, GAAP losses have not decreased, causing caution in the market. The company's stock has been range-bound, but there is hope for operating leverage as EBITDA losses are expected to narrow in 2023.

The United States economy's second-quarter growth was slightly slower than expected at 2.1%, a favorable development for the Federal Reserve's goal of curbing rising prices. There is a lasting positive outlook, with inflation trending downwards and GDP growth signs as the Federal Open Market Committee (FOMC) has aimed to achieve a 2% inflation target without a recession or widespread job losses.

Alkami Technology, Inc. (NASDAQ:ALKT ) Q2 2023 Earnings Conference Call August 2, 2023 5:00 PM ET Company Participants Steve Calk - Head Of Investor Relations Alex Shootman - Chief Executive Officer Bryan Hill - Chief Financial Officer Conference Call Participants Patrick Walravens - JMP Securities LLC Chris Kennedy - William Blair Jacob Stephan - Lake Street Saket Kalia - Barclays Bank PLC Charles Nabhan - Stephens Inc. Daniel Hibshman - Craig-Hallum Operator Hello, and welcome to Alkami's Second Quarter 2023 Financial Results Conference Call. My name is Sarah, and I will be your operator for today's call.