NYSE$MLNK
MeridianLink Inc · Q1 2023 earnings
Q1 2023 earnings · · Investor relations
Briefing
MeridianLink reported first quarter results with revenue increase.
MeridianLink's Q1 2023 revenue grew by 6% year-over-year to $77.1 million, with lending software solutions revenue increasing by 18% year-over-year, now accounting for 75% of total revenue. The company reported an operating income of $1.7 million and a net loss of $5.7 million.
- Revenue increased by 6% year-over-year reaching $77.1 million.
- Lending software solutions revenue grew by 18% year-over-year to $58.0 million, accounting for 75% of total revenue.
- Operating income was reported at $1.7 million, representing 2% of revenue.
- Net loss amounted to $(5.7) million, which is (7)% of revenue.
Headline financials
Revenue & EPS history
MeridianLink · Revenue · Quarterly
$77.1M
Revenue by segment
MeridianLink · $77.1M total across 2 segments · Q1 2023
- Lending Software Solutions$58M+18.0%75.2%
- Data Verification Software Solutions$19.1M-18.9%24.8%
Forward guidance
The Company issues second quarter financial guidance and updates full year 2023 financial guidance as follows:
Tailwinds
- Revenue is expected to be in the range of $76.0 million to $79.0 million for Q2 2023.
- Adjusted EBITDA is expected to be in the range of $27.0 million to $30.0 million for Q2 2023.
- Revenue is expected to be in the range of $307.0 million to $313.0 million for the full year 2023.
- Adjusted EBITDA is expected to be in the range of $109.0 million to $115.0 million for the full year 2023.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 6 quarterly earnings reports
+1.0%
Avg return
Earnings day
+2.6%
Avg return
5 days after
+2.6%
Avg return
30 days after
57%
12 / 21 earnings
Positive
+24.6%
Q2 2025
Best reaction
-23.9%
Q2 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q3 2025 | — | — | — | |
| Q2 2025 | +24.6% | +24.7% | +25.3% | |
| Q1 2025 | -2.0% | -4.3% | -5.3% | |
| Q4 2025 | +16.6% | +6.3% | -9.7% | |
| Q3 2024 | +0.2% | +1.5% | -4.1% | |
| Q2 2024 | -4.2% | -3.3% | +2.0% | |
| Q1 2024 | +1.4% | -3.3% | +13.4% | |
| Q4 2023 | -4.4% | -3.3% | -3.4% | |
| Q3 2023 | +2.1% | — | — | |
| Q2 2023 | -23.9% | — | — | |
| Q1 2023 | +1.3% | — | — | |
| Q4 2022 | -0.2% | — | — | |
| Q3 2022 | -14.8% | — | — | |
| Q2 2022 | +4.0% | — | — | |
| Q1 2022 | +16.9% | — | — | |
| Q4 2021 | -2.4% | — | — | |
| Q4 2019 | -2.4% | — | — | |
| Q3 2020 | +3.3% | — | — | |
| Q3 2021 | +3.3% | — | — | |
| Q1 2021 | +2.1% | — | — | |
| Q4 2020 | +2.1% | — | — | |
| Q2 2021 | -2.2% | — | — | |
| Q2 2020 | — | — | — | |
| Q1 2020 | — | — | — |
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