NYSE$MLNK
MeridianLink Inc · Q2 2024 earnings
Q2 2024 earnings · · Investor relations
Briefing
MeridianLink's second quarter performance reflected resilience and continued demand for MeridianLink One.
MeridianLink reported a 4% year-over-year increase in revenue to $78.7 million, driven by an 11% increase in lending software solutions revenue. The company's operating loss was $(1.1) million, while non-GAAP operating income was $15.5 million. MeridianLink returned $29.9 million to stockholders via stock repurchases.
- Revenue increased by 4% year-over-year, reaching $78.7 million.
- Lending software solutions revenue grew by 11% year-over-year, totaling $61.6 million.
- The company had an operating loss of $(1.1) million, but a non-GAAP operating income of $15.5 million.
- MeridianLink repurchased 1.6 million shares, returning $29.9 million to stockholders.
Headline financials
Revenue & EPS history
MeridianLink · Revenue · Quarterly
$78.7M
Revenue by segment
MeridianLink · $76.5M total across 2 segments · Q3 2023
- Lending Software Solutions$58.9M—77.1%
- Data Verification Software Solutions$17.5M—22.9%
Forward guidance
The Company issues third quarter financial guidance and updates full year 2024 financial guidance.
Tailwinds
- Third quarter revenue is expected to be in the range of $78.0 to $81.0 million.
- Third quarter adjusted EBITDA is expected to be in the range of $30.0 to $33.0 million.
- Full year revenue is expected to be in the range of $312.0 to $318.0 million.
- Full year adjusted EBITDA is expected to be in the range of $123.0 to $128.0 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 · overlaid with Q2 2024
+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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