NYSE$MLNK

MeridianLink Inc · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

MeridianLink's financial performance declined slightly due to a decrease in gross profit and net income.

MeridianLink's Q2 2022 performance showed an increase in revenue but a decrease in gross profit, net income, and adjusted EBITDA compared to Q2 2021. The company's revenue grew by $4.513 million, while net income decreased by $5.260 million.

  • Total revenue reached $72.987 million.
  • Gross profit was $45.761 million.
  • Net income amounted to $2.172 million.
  • Adjusted EBITDA was $28.184 million.

Headline financials

Total Revenue

$73M

Previous: $68.5M+6.6%
EPS (adj)

$0.09

Previous: $0.16-43.8%
Capital Expenditures

$61K

Previous: $308K-80.2%
Free Cash Flow

$12.7M

Previous: $19.5M-34.6%
Net Income

$2.17M

Previous: $7.43M-70.8%
Operating Income

$2.17M

Previous: $19.2M-88.7%
Gross Profit

$45.8M

Previous: $47.4M-3.4%
Cash & Equivalents

$100M

Previous: $29.2M+242.9%
Total Assets

$1.06B

Previous: $970M+9.1%
Stock-Based Comp

$5.44M

Previous: $665K+717.9%

Revenue & EPS history

MeridianLink · Revenue · Quarterly

$73M

Q2 2022+6.6%vs Q2 2021
Beat estimate in 12 of 15 quarters(80%)
ActualEstimate

Revenue by segment

MeridianLink · $76.5M total across 2 segments · Q3 2023

  • Lending Software Solutions
    $58.9M
  • Data Verification Software Solutions
    $17.5M

Forward guidance

MeridianLink provided revenue and Adjusted EBITDA guidance for the three months ending September 30, 2022, and the year ending December 31, 2022.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 6 quarterly earnings reports

Historical avg

+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

Earnings price reactions
QuarterReport dateReaction (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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