Alkami Client Conference 2021 to Examine Current Digital Banking Trends prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
PLANO, Texas, May 3, 2021 /PRNewswire/ Â Alkami Technology, Inc. (Nasdaq: ALKT) ( Alkami ), a leading cloud-based digital banking solutions provider for U.S.-based financial institutions, today announced that it plans to report financial results for its first quarter ended March 31, 2021, on Tuesday, May 11, 2021, after the market closes.
The Company will host a conference call at 5:00 p.m. ET the same day to discuss its financial results with investors. A live webcast of the event will be available on the Alkami investor relations website at investors.alkami.com. In addition, a live dial-in will be available domestically at 833-607-1667 and internationally at 914-987-7879. A replay will be available at 855-859-2056 or 404-537-3406, using passcode 3774803, and on the Alkami investor relations website.
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Alkami Announces First Quarter 2021 Financial Results
Alkami Technology, Inc.May 11, 2021 GMT
PLANO, Texas, May 11, 2021 (GLOBE NEWSWIRE) Alkami Technology, Inc. (Nasdaq: ALKT) (“Alkami”), a leading cloud-based digital banking solutions provider for U.S.-based financial institutions, announced today results for its first quarter ending March 31, 2021.
First Quarter 2021 Financial Highlights
GAAP total revenue of $33.3 million, an increase of 43% year-over-year;
GAAP gross margin of 53.4%, an expansion of nearly 470 basis points year-over-year;
Non-GAAP gross margin of 54.5%, an expansion of approximately 540 basis points year-over-year;
GAAP net loss of ($10.9) million compared to a net loss of ($10.3) million in the prior year; and,
PLANO, Texas, May 4, 2021 /PRNewswire/ Â Alkami Technology Inc. (Nasdaq: ALKT) ( Alkami ), a leading cloud-based digital banking solutions provider for banks and credit unions in the U.S., announced today that Liberty Bank of Middletown, Connecticut has signed a long-term contract to leverage the Alkami Platform. The Connecticut-based bank holds more than $7 billion in assets and represents yet another addition to Alkami s growing list of bank clients.
With a fintech landscape that is rapidly scaling and added pressure from mega and challenger banks, Liberty Bank sought a partner to help them compete in a digital banking landscape that s constantly evolving. Dave Mitchell, EVP, GM and Chief Digital Officer at Liberty Bank, cited two strategic objectives that led them to the Alkami Platform: cultivate a culture of innovation and provide extraordinary customer experiences.
Alkami To Announce First Quarter 2021 Financial Results
News provided by
Share this article
Share this article
PLANO, Texas, May 3, 2021 /PRNewswire/ Alkami Technology, Inc. (Nasdaq: ALKT) ( Alkami ), a leading cloud-based digital banking solutions provider for U.S.-based financial institutions, today announced that it plans to report financial results for its first quarter ended March 31, 2021, on Tuesday, May 11, 2021, after the market closes.
The Company will host a conference call at 5:00 p.m. ET the same day to discuss its financial results with investors. A live webcast of the event will be available on the Alkami investor relations website at investors.alkami.com. In addition, a live dial-in will be available domestically at 833-607-1667 and internationally at 914-987-7879. A replay will be available at 855-859-2056 or 404-537-3406, using passcode 3774803, and on the Alkami investor relations website.