NYSE$MLNK
MeridianLink Inc · Q2 2023 earnings
Q2 2023 earnings · · Investor relations
Briefing
MeridianLink's Q2 2023 revenue increased by 3% year-over-year, driven by strong demand for software solutions and solid bookings momentum.
MeridianLink reported a 3% increase in revenue to $75.4 million for Q2 2023. The company experienced strong demand for its software solutions, with solid bookings momentum and successful services delivery.
- Revenue increased by 3% year-over-year to $75.4 million.
- Lending software solutions revenue increased by 8% year-over-year to $55.8 million.
- Operating income was $1.5 million, or 2% of revenue.
- Net loss was $(5.2) million, or (7)% of revenue.
Headline financials
Revenue & EPS history
MeridianLink · Revenue · Quarterly
$75.4M
Revenue by segment
MeridianLink · $75.4M total across 2 segments · Q2 2023
- Lending Software Solutions$55.8M—74.0%
- Data Verification Software Solutions$19.6M—26.0%
Forward guidance
The Company issues third quarter financial guidance and updates full year 2023 financial guidance as follows:
Tailwinds
- Third Quarter Revenue is expected to be in the range of $76.0 million to $78.0 million
- Third Quarter Adjusted EBITDA is expected to be in the range of $27.0 million to $29.0 million
- Full Year 2023 Revenue is expected to be in the range of $302.0 million to $306.0 million
- Full Year 2023 Adjusted EBITDA is expected to be in the range of $104.0 million to $108.0 million
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 | — | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro