NYSE$MLNK
MeridianLink Inc · Q3 2022 earnings
Q3 2022 earnings · · Investor relations
Briefing
MeridianLink's Q3 2022 performance was marked by revenue growth and progress in cloud migration.
MeridianLink reported a 7% year-over-year increase in revenue to $71.8 million for Q3 2022, driven by strength in digital lending. The company completed its cloud migration ahead of schedule and announced the acquisition of OpenClose.
- Revenue increased by 7% year-over-year to $71.8 million.
- Lending software solutions revenue grew 17% year-over-year to $52.4 million.
- The company achieved 36% adjusted EBITDA margins.
- MeridianLink completed the migration of MeridianLink One functionality to the public cloud ahead of schedule.
Headline financials
Revenue & EPS history
MeridianLink · Revenue · Quarterly
$71.8M
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 issued fourth quarter financial guidance and updated full year 2022 financial guidance.
Tailwinds
- Revenue is expected to be in the range of $65.0 million to $67.0 million for Q4 2022.
- Adjusted EBITDA is expected to be in the range of $19.0 million to $21.0 million for Q4 2022.
- Revenue is expected to be in the range of $282.5 million to $284.5 million for the full year 2022.
- Adjusted EBITDA is expected to be in the range of $107.0 million to $109.0 million for the full year 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
+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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