Alkami Technology

Alkami Technology, Inc. provides digital banking software solutions to credit unions, banks, credit union service organizations, and service bureaus. The firm offers content management and online & mobile banking suite that brings together for a snapshot view of accounts with recent and upcoming activities. The company was founded by Louis A. Iannaccone, Scott Klososky, Steve Meston, Gary L. Nelson, Gruenewald Bobby, Jay Lackey, Stephen Bohanon, and Kim Stroh in 2009 and is headquartered in Plano, TX.

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Alkami Technology reports robust Q4 growth and eyes profitability in 2023

Alkami's Q4 2022 performance showcased strong revenue growth and user acquisition, aligning with strategic goals.
The company's focus on technology, user experience, and market expansion positions it for future success.
Challenges include balancing growth targets with profitability and navigating the evolving M&A landscape.
Opportunities lie in expanding gross margins, driving user growth, and leveraging add-on sales for revenue generation.

Alkami Technology reports robust Q1 growth, eyes profitability amid challenges

Alkami Technology's Q1 2023 showcased strong revenue growth and user base expansion, aiming for profitability by year-end.
While facing EBITDA loss challenges, the company's focus on digital banking experience and client data offers growth avenues.
Balancing revenue targets, market mix, and product innovation will be key for Alkami to capitalize on market opportunities and overcome challenges.

Alkami Technology reports robust Q2 growth and eyes strategic expansion

Alkami Technology's Q2 2023 performance reflects strong revenue growth and user expansion, underpinned by a solid cash position and strategic sales efforts.
While challenges exist in achieving profitability and client renewals, the company's focus on operational efficiency and market competitiveness bodes well for future success.
Opportunities in user acquisition, M&A activities, and product innovation present avenues for Alkami to further solidify its position in the digital solutions market.

Alkami Technology excels in Q3, eyes digital banking growth

Alkami Technology's strong Q3 performance and strategic focus on digital banking underscore its market position and growth potential.
While facing competition and contract renewal challenges, the company's innovation, client-centric approach, and revenue projections signal resilience.
Opportunities lie in leveraging digital banking trends, expanding product capabilities, and targeting tech-savvy clients for sustained growth.
With accelerating revenue growth expected in Q4 2023 and a commitment to enhancing user experience, Alkami is poised for continued success in the digital banking landscape.

Alkami Technology excels in Q4, eyes equal client mix by 2026

Alkami Technology's Q4 2023 performance was robust, exceeding revenue targets and focusing on client relationships and growth.
The company faces challenges in aligning product roadmaps between bank and credit union clients and aims for equal client composition by 2026.
Opportunities lie in leveraging data for AI capabilities, driving down costs, and focusing on product-market fit for sustained success.
Overall, Alkami's strategic focus on client satisfaction, innovation, and market demand positions them for continued growth and success.

Alkami Technology excels in Q1, poised for growth and innovation

Alkami Technology's Q1 2024 performance reflects strong revenue growth, robust client base expansion, and a focus on innovation through its data platform.
The company's strengths lie in its competitive edge in the digital banking space, diverse product offerings, and significant room for further client adoption.
While facing challenges in meeting evolving client demands and maintaining profitability, Alkami is well-positioned to leverage opportunities in client acquisition, technology adoption, and product development.

Alkami Technology excels in Q2, eyes growth in digital banking

Alkami Technology's Q2 2024 performance reflects strong revenue growth, operational improvements, and market expansion, underpinned by industry recognition and strategic investments.
While facing challenges in meeting financial targets and margin goals, the company's focus on innovation, market penetration, and executive leadership sets the stage for continued growth.
With a solid sales pipeline, a clear growth strategy, and a commitment to enhancing customer experience, Alkami is well-positioned to capitalize on market opportunities and drive future success.

Alkami Technology excels in Q3, eyes data tech for growth

Alkami Technology's Q3 2024 performance reflects robust growth, operational efficiency, and strategic client acquisitions.
The company's focus on data technology as a growth driver and its strong financial position position it well for future opportunities.
While challenges like margin targets and market competition exist, Alkami's strengths and opportunities signal a promising trajectory.

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PLANO, Texas, Feb. 13, 2023 (GLOBE NEWSWIRE) -- Alkami Technology, Inc. (Nasdaq: ALKT) (“Alkami”), a leading cloud-based digital banking solutions provider for U.S. banks and credit unions, today announced that it plans to report financial results for its fourth quarter ended December 31, 2022 on Thursday, February 23, 2023, after the market close.

Alkami to Announce Fourth Quarter 2022 Financial Results

Annual conference focuses on key trends at the premier industry event for digital banking PLANO, Texas , Feb. 9, 2023 /PRNewswire/ -- Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami"), a leading cloud-based digital banking solutions provider for banks and credit unions in the U.S., today announced the full agenda for its annual conference, Alkami Co:lab , in Grapevine, TX, April 3-5, 2023. This year's event, "Winning at Innovation through Co:laboration," will feature the sharpest minds in banking and fintech examining key trends and digital innovation strategies for financial institutions (FIs).

Alkami Co:lab 2023 Levels Up Digital Banking with Industry Experts and Insights into the Future of Fintech

Taps banking and fintech influencer, Jim Marous, as host PLANO, Texas , Feb. 2, 2023 /PRNewswire/ -- Alkami Technology, Inc. (NASDAQ: ALKT) ("Alkami"), a leading cloud-based  digital banking solutions  provider for banks and credit unions in the U.S., today announced it has launched a podcast series, FIsionaries, to provide regional and community banks and credit unions with insights, tips and strategy to elevate their digital banking game. Sponsored by Alkami, and hosted by banking and fintech influencer, Jim Marous , FIsionaries shines a light on financial institutions (FIs) at the bleeding edge of digital transformation.

Alkami Podcast Brings Digital Banking Excellence to Light

Outlines what true digital transformation means and what it looks like for financial institutions PLANO, Texas , Jan. 25, 2023 /PRNewswire/ -- Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami"), a leading cloud-based digital banking solutions    provider for banks and credit unions in the U.S., announced the release of a new eBook, " Turn Digital Banking into a Profit Center . " The eBook explores what true digital transformation looks like for financial institutions (FIs) and how they can activate data to meet account holder expectations and drive revenue.

New Alkami eBook Reveals How FIs Can Transform Digital Banking into a Profit Center

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Credit union recognizes digital banking platform as a significant contributor to its growth PLANO, Texas , Jan. 18, 2023 /PRNewswire/ -- Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami"), a leading cloud-based digital banking solutions provider for banks and credit unions in the U.S., today announced it has been named AMOCO Federal Credit Union's Partner of the Year, an award presented to one of the credit union's 200+ business partners in recognition of outstanding positive impact on AMOCO's member service, growth and innovation. Alkami was selected in recognition of its partnership with AMOCO in building a flexible and extensible digital banking solution.

AMOCO Federal Credit Union Names Alkami as Partner of the Year

The banking industry is massive and undergoing a major digitization. Alkami Technology's platform has a compelling value proposition, and has plenty of room to cross-sell products.

Alkami Technology: Growing Alongside The Massive Banking Industry

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The Chief Financial Officer is the person who is (or at least should be) the most knowledgeable regarding the financials of their company and its future revenue-generating potential. The CFO creates and analyzes revenue forecasts, and their job is to be immersed daily in the company's latest numbers.

Top 2 Tech Stocks CFOs Have Been Buying

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The combination has super-charged its digital sales and service capabilities PLANO, Texas , Dec. 21, 2022 /PRNewswire/ -- Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami"), a leading cloud-based  digital banking solutions  provider for banks and credit unions in the U.S., today announced its client, Ideal Credit Union , has launched the Segmint data and marketing solution via the Alkami Platform to provide a powerful new way for it to connect members with the banking products they need most. "Segmint identifies every useful data point in the transaction stream that can help us better serve our members," said Alisha Johnson, Ideal Credit Union's chief growth officer.

Ideal Credit Union Launches Segmint Solution on Alkami Digital Banking Platform

Growing ecosystem of solutions underscores importance of martech stack strategy for FIs PLANO, Texas , Dec. 14, 2022 /PRNewswire/ -- Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami"), a leading cloud-based  digital banking solutions  provider for banks and credit unions in the U.S., today announced its data analytics and engagement solution, Segmint , was featured in the marketing technology (martech) industry's foremost annual Martech Map, which validates and categorizes thousands of martech tools to provide a bird's-eye view of the solutions landscape. This marks the second year Segmint has been listed.

Alkami's Segmint Featured in Prominent Industry Martech Lineup

PLANO, Texas, Nov. 22, 2022 (GLOBE NEWSWIRE) -- Alkami Technology, Inc. (Nasdaq: ALKT) (“Alkami”), a leading cloud-based  digital banking solutions provider for banks and credit unions in the U.S., today announced Maria Alvarez will join its distinguished Board of Directors effective January 1, 2023.

Maria Alvarez Joins Alkami Board of Directors

Alkami Resells Payment Dispute Software to Help Banks and Credit Unions Scale HOUSTON , Nov. 15, 2022 /PRNewswire/ -- FINBOA, Inc., a leading innovator in intelligent process automation for regulatory compliance in financial institutions, announces a strategic partnership with Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami") to deliver FINBOA's payment dispute management software to Alkami clients. This alliance will expand FINBOA's market share and will provide Alkami with a comprehensive solution for streamlining and simplifying dispute compliance management from claim intake through final resolution, resolving many of the operational challenges created by today's rapid adoption of electronic payments.

FINBOA and Alkami Partner to Provide Process Automation for Regulatory Compliance

Alkami Technology, Inc. (NASDAQ:ALKT ) Q3 2022 Earnings Conference Call November 3, 2022 5:00 PM ET Company Participants Andrew Vinas - Investor Relations Alex Shootman - Chief Executive Officer Bryan Hill - Chief Financial Officer Conference Call Participants Andrew Schmidt - Citi Sam Salvas - Needham Bob Napoli - William Blair Charles Nabhan - Stephens Operator Hello and welcome to Alkami's Third Quarter 2022 Financial Results Conference Call. My name is Danielle and I will be your operator for today's call.

Alkami Technology, Inc. (ALKT) Q3 2022 Earnings Call Transcript

Alkami (ALKT) delivered earnings and revenue surprises of 14.29% and 2.34%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Alkami Technology (ALKT) Reports Q3 Loss, Tops Revenue Estimates

Annual conference brings together top industry leaders to explore the future of digital banking PLANO, Texas , Nov. 2, 2022 /PRNewswire/ -- Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami"), a leading cloud-based digital banking solutions provider for banks and credit unions in the U.S., today announced the keynote speakers for its annual conference, Alkami Co:lab 2023 , being held in Grapevine, TX, April 3-5, 2023. The event is known for bringing together the best minds in the industry to examine key trends and digital innovation strategies for financial institutions.

Alkami Announces Keynote Lineup for Co:lab 2023

PLANO, Texas, Oct. 18, 2022 (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 it plans to report financial results for its third quarter ended September 30, 2022 on Thursday, November 3, 2022, after the market close.

Alkami to Announce Third Quarter 2022 Financial Results

Technology leverages behavioral biometrics for faster, more secure transactions PLANO, Texas, Aug. 31, 2022 /PRNewswire/ -- Alkami Technology, Inc. (NASDAQ: ALKT) ("Alkami"), a leading cloud-based digital banking solutions provider for banks and credit unions in the U.S., today announced its client, ABNB Federal Credit Union, has launched the BioCatch solution via the Alkami Platform to protect members from fraud attacks and cybercrime with state-of-the-art fraud mitigation technology. "The steady increase in mobile and online banking usage by our members over the past two years has led to a similar spike in fraudulent activities," said Mick Vollmer, chief information officer of ABNB.

ABNB Federal Credit Union Launches BioCatch on Alkami Digital Banking Platform

Research provides a benchmark for FIs to gauge their digital banking transformation success PLANO, Texas , Aug. 25, 2022 /PRNewswire/ -- Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami"), a leading cloud-based  digital banking solutions  provider for banks and credit unions in the U.S., announced the release of its newest research report, " Five Trends Driving the Digital Banking Landscape ." This exclusive report explores how banks and credit unions are leveraging technology to improve the customer experience, increase digital engagement and become true partners when it comes to their customers' financial well-being.

New Alkami Report Reveals 5 Trends Driving the Digital Banking Landscape

Alkami Technology, Inc. (NASDAQ:ALKT ) Q2 2022 Earnings Conference Call August 3, 2022 5:00 PM ET Company Participants Steve Calk - Investor Relations Alex Shootman - Chief Executive Officer Bryan Hill - Chief Financial Officer Conference Call Participants Bob Napoli - William Blair Mayank Tandon - Needham Raquel Betesh - JPMorgan Joe Goodwin - JMP Securities Andrew Schmidt - Citi Josh Beck - KeyBanc Operator Hello, and welcome to Alkami's Second Quarter 2022 Financial Results Conference Call. My name is Andrea, and I'll be your operator for today's call [Operator Instruction].

Alkami Technology, Inc. (ALKT) CEO Alex Shootman on Q2 2022 Results - Earnings Call Transcript

PLANO, Texas, Aug. 03, 2022 (GLOBE NEWSWIRE) -- Alkami Technology, Inc. (Nasdaq: ALKT) (“Alkami”), a leading cloud-based digital banking solutions provider for U.S. banks and credit unions, today announced results for its second quarter ending June 30, 2022.

Alkami Announces Second Quarter 2022 Financial Results

PLANO, Texas, July 25, 2022 (GLOBE NEWSWIRE) -- Alkami Technology, Inc. (Nasdaq: ALKT) (“Alkami”), a leading cloud-based digital banking solutions provider for U.S. banks and credit unions, today announced that it plans to report financial results for its second quarter ended June 30, 2022 on Wednesday, August 3, 2022, after the market close.

Alkami to Announce Second Quarter 2022 Financial Results

PLANO, Texas , June 14, 2022 /PRNewswire/ -- Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami"), a leading cloud-based digital banking solutions  provider for banks and credit unions in the U.S., announced the release of its newest research report, " The 2022 Digital Banking Transformative Trends Study. " The report provides context, understanding, and confidence for leaders at financial institutions (FIs) to unlock the potential of digital banking across generations.

New Alkami Report Reveals Generational Trends Driving Rapid Change in Digital Banking

PLANO, Texas--(BUSINESS WIRE)--Alkami Technology, Inc. (Nasdaq: ALKT) (“Alkami”), a leading cloud-based digital banking solutions provider for banks and credit unions in the U.S., today announced a partnership with Array, a leading financial innovation platform. As part of the partnership, Alkami will offer Array products to Alkami's client base including My Credit Manager, ID Protect and Offers Engine. “Improving the digital-first banking experience is a top priority for banks and credit union

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