Meridianlink, Inc. (MLNK, Financial) saw its stock price rise by 5.00%, reaching $23.32 per share with a trading volume of 370,848 shares and a turnover rate of 0.49%. The stock demonstrated a fluctuation range of 5.27%.
Recent financial results show Meridianlink achieved a revenue of $78.68 million, with a net loss of $9.67 million and an earnings per share of -$0.13. The company's gross profit was reported at $41.09 million, with a price-to-earnings ratio of -39.53.
Among the eight institutions rating the stock, 38% recommended a buy, another 38% advised holding, while 24% suggested selling. In the broader software services industry, the overall growth was 0.06%. Other notable performers in the sector included Simpple Ltd., Earlyworks Co Ltd, and Auddia Inc, with Simpple Ltd. showing a turnover rate of 2077.18% and fluctuations of 321.88%.
Meridianlink, Inc. offers cloud-based software solutions primarily for financial institutions, including banks, credit unions, and mortgage lenders, with a significant portion of its revenue derived from lending software solutions.
