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Meridianlink inc   (MLNK)
Other Ticker:  
 
    Sector  Technology    Industry Software & Programming
   Industry Software & Programming
   Sector  Technology
 
Price: $17.9600 $-0.18 -0.992%
Day's High: $18.34 Week Perf: 1.01 %
Day's Low: $ 17.84 30 Day Perf: -7.33 %
Volume (M): 362 52 Wk High: $ 25.88
Volume (M$): $ 6,507 52 Wk Avg: $19.05
Open: $17.85 52 Wk Low: $13.62



 Market Capitalization (Millions $) 1,442
 Shares Outstanding (Millions) 80
 Employees 472
 Revenues (TTM) (Millions $) 303
 Net Income (TTM) (Millions $) -43
 Cash Flow (TTM) (Millions $) 25
 Capital Exp. (TTM) (Millions $) 10

Meridianlink Inc
We are an industry-trusted software and services provider with over 23 years of experience serving financial institutions such as banks, credit unions, mortgage lenders, specialty lending providers, and consumer reporting agencies ("CRAs"). MeridianLink enables our customers to accelerate their digital transformation and better serve their customers. With our mission-critical lending, account opening, and data verification software solutions, we help our customers digital transformations by assisting them in creating a superior client experience. Our solutions enable our customers to meet the needs of their clients across the institution, resulting in increased client acquisition and retention. Furthermore, our solutions enable our customers to operate more efficiently.

Our lending software solutions provide a fully digital workflow for our customers, extending from their clients' initial account opening applications to our customers' final extension of credit and, where necessary, collections activity. We enable our customers to offer a wide array of products and services to new and existing clients, replacing traditional manual processing and less nimble in-house solutions. Our solutions address nearly all categories of consumer lending, including mortgage, credit card, personal, auto, home equity, and small business loans, and provide the software tools and data necessary to deliver automated decisioning.
Our data verification software solutions enable our customers to service their clients and make smarter business decisions by retrieving verification data for credit, income, employment, property, and fraud prevention. Mortgage Credit Link is a versatile, stable, and powerful web-based fulfillment hub for consumer data verification. To capitalize on the credit bureaus and other available sources, financial institutions of all sizes turn to MeridianLink to optimize scoring attribute and data management. Instead of investing in wasted development time, customers connect to a single API to access credit and verification data from dozens of resellers and service providers.
When it comes to background screening, MeridianLink customers can leverage their TazWorks software as a comprehensive screening software solution with productivity and mobile engagement tools. The TazCloud platform provides a comprehensive technology solution for the background screening industry with a powerful suite of background screening applications, integrations, and advanced business intelligence tools to help customers make better decisions about their business.
We offer our software solutions using a software-as-a service, or SaaS, model under which our customers pay subscription fees for the use of our solutions and typically have multi-year contracts with an initial term of three years. Our customer contracts are typically not cancellable without penalty. Our subscription fee revenues include annual base fees, platform partner fees, and, depending on the solution, fees per search, per loan application, or per closed loan (with some contractual minimums based on volume) that are charged on a monthly basis, which we refer to as volume-based fees. We seek to deepen and grow our customer relationships by providing consistent, high-quality implementations and customer support services which we believe drive higher customer retention and incremental sales opportunities within our existing customer base. We plan to continue investing in migrating our non-legacy lending and data verification software solutions onto a single platform resident in a public cloud and driving product development to further increase customer cross-selling and retention. We believe that our increased focus on our go-to-market strategy and partnerships will drive incremental opportunities for revenue and accelerate customer cross-sell growth.


   Company Address: 3560 Hyland Avenue Costa Mesa 92626 CA
   Company Phone Number: 708-6950   Stock Exchange / Ticker: NYSE MLNK
   


Customers Net Income fell by MLNK's Customers Net Profit Margin fell to

-27.26 %

9.48 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
ALKT   -2.41%    
QTWO   -1.14%    
ACN   -2.05%    
CNDT        0.93% 
FI        1% 
FIS   -0.36%    
• View Complete Report
   



Meridianlink Inc

MeridianLink Inc Takes Hit with $27.76 Million Tax Charge

MeridianLink Inc, a software and programming company, has reported disappointing financial results for the fourth quarter and fiscal year ended December 31, 2023. The company experienced a significant increase in shortfall per share, with a shortfall of $-0.37 per share compared to $-0.06 per share a year ago. This is also a decline from the previous quarter's shortfall of $-0.03 per share.
Furthermore, the company's revenue grew by only 5.731% to $74.59 million in the comparable quarter a year ago, and the revenue sequentially decreased by -2.461% from $76.48 million. These numbers indicate a lack of strong revenue growth, which is concerning for investors.

Contract

Powering Mortgage Lender Success: Polly and MeridianLink Revolutionize the Industry Through Innovative Integration

Published Tue, Nov 7 2023 2:05 PM UTC



In a bid to enhance the growth potential of mortgage lenders in the evolving financial landscape, Polly, a prominent provider of innovative mortgage capital markets technology, has announced its partnership with MeridianLink, Inc. This collaboration aims to facilitate bi-directional integration with MeridianLink's modern software platforms for financial institution...

Meridianlink Inc

Meridianlink Inc. Surpasses Expectations with Remarkable Financial Performance in Q3 2023

Meridianlink Inc., a leading provider of enterprise software solutions for the financial services industry, has reported its financial results for the third quarter of 2023. In this time-frame, the company managed to decrease its loss per share and improve its earnings per share compared to the previous year.
The company's loss per share decreased from $-0.04 to $-0.03, indicating a positive trend in the company's financial performance. Additionally, its earnings per share improved from $-0.06 to $-0.03, demonstrating further progress in the company's profitability.

Stock Transactions

Unveiling the Power of Real-Time Financial Data: MeridianLink Revolutionizes Lending and Drives Efficiency for Corporate Clients

Published Tue, Oct 31 2023 1:05 PM UTC



MeridianLink, Inc. (NYSE: MLNK), a leading provider of technology solutions for the financial services industry, has made significant strides in enhancing its offerings through an expanded relationship with Experian. This strategic integration enables lenders to access verified income and employment information in real-time, revolutionizing the loan origination pro...

Meridianlink Inc

Meridianlink Inc Reports Fiscal Loss Despite 2.65% Revenue Increase in Q2 2023

Meridianlink Inc, a prominent software and programming company, recently reported its financial results for the April to June 30, 2023 period. While the company experienced a net deficit of $-5.230 million during this period, compared to a bottom line of $2.172 million in the corresponding quarter a year prior, there were some positive signs of improvement.
One notable aspect was the revenue growth that Meridianlink Inc achieved. The company's revenue increased by 2.65% to $74.92 million compared to $72.99 million in the same quarter the previous year. However, sequentially, there was a slight decrease of -2.87% from $77.14 million. Despite this decline, Meridianlink Inc's revenue growth of 2.65% outperformed the Software & Programming industry average of 12.10% in the corresponding period a year ago.






 

Meridianlink Inc's Segments
 
 
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  Company Estimates  
  Revenue Outlook
Meridianlink Inc does not provide revenue guidance.

Earnings Outlook
Meridianlink inc does not provide earnings estimates.

 
Geographic Revenue Dispersion




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