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Earnings Call Summary | MeridianLink(MLNK.US) Q1 2024 Earnings Conference

Earnings Call Summary | MeridianLink(MLNK.US) Q1 2024 Earnings Conference

業績電話會議摘要 | MeridianLink (MLNK.US) 2024 年第一季度業績發佈會
moomoo AI ·  05/09 13:30  · 電話會議

The following is a summary of the MeridianLink, Inc. (MLNK) Q1 2024 Earnings Call Transcript:

以下是MeridianLink, Inc.(MLNK)2024年第一季度業績電話會議記錄摘要:

Financial Performance:

財務業績:

  • MeridianLink reported Q1 2024 GAAP revenues of $77.8 million, a 1% growth year-over-year.

  • Adjusted EBITDA was $31.8 million, up 27% year-on-year, surpassing the company's forecast.

  • Lower subscription revenues were balanced by higher service and other revenues.

  • Management successfully managed expenses, leading to improvement on EBITDA despite macroeconomic challenges.

  • First quarter GAAP gross margin and non-GAAP adjusted gross margin were 66% and 74%, respectively.

  • GAAP Operating income was $3.4 million, with Non-GAAP Operating income at $16.3 million.

  • MeridianLink報告稱,2024年第一季度GAAP收入爲7,780萬美元,同比增長1%。

  • 調整後的息稅折舊攤銷前利潤爲3180萬美元,同比增長27%,超過了該公司的預期。

  • 較低的訂閱收入被較高的服務和其他收入所抵消。

  • 儘管面臨宏觀經濟挑戰,但管理層成功地管理了開支,使息稅折舊攤銷前利潤有所改善。

  • 第一季度GAAP毛利率和非公認會計准則調整後的毛利率分別爲66%和74%。

  • GAAP營業收入爲340萬美元,非公認會計准則營業收入爲1,630萬美元。

Business Progress:

業務進展:

  • The company reported strong performance for its end-to-end lending platform, MeridianLink One, and has been successful in onboarding new clients.

  • Expansion of the platform capabilities included the launch of a new data analytics and reporting tool, MeridianLink Insight Lite.

  • A significant cross-selling win was noted with a large financial institution adding MeridianLink mortgage tools to their portfolio, indicating successful execution of their land-and-expand strategy.

  • The company hosted a successful conference with significant new partnerships and integrations in their pipeline.

  • With the appointment of a new CFO and a healthy balance sheet, the company believes it is well-positioned to face macro headwinds in the upcoming quarters.

  • 該公司報告稱,其端到端貸款平台MeridianLink One表現強勁,併成功吸引了新客戶。

  • 平台功能的擴展包括推出新的數據分析和報告工具MeridianLink Insight Lite。

  • 一家大型金融機構在其投資組合中增加了MeridianLink抵押貸款工具,這表明其土地擴張戰略的成功執行,從而取得了重大的交叉銷售勝利。

  • 該公司成功舉辦了一次會議,正在籌劃重要的新合作伙伴關係和整合項目。

  • 隨着新首席財務官的任命和良好的資產負債表,該公司認爲自己完全有能力在未來幾個季度面對宏觀不利因素。

More details: MeridianLink IR

更多詳情: 子午線紅外

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