NYSE$MLNK
MeridianLink Inc · Q3 2024 earnings
Q3 2024 earnings · · Investor relations
Briefing
MeridianLink's Q3 2024 performance was impacted by the macro environment, but highlighted disciplined execution and the ability to deliver durable growth.
MeridianLink reported Q3 2024 revenue of $80.4 million, a 5% year-over-year increase, driven by a 7% increase in lending software solutions revenue. The company's net loss was $(7.1) million, while adjusted EBITDA reached $33.8 million.
- Revenue increased by 5% year-over-year, reaching $80.4 million.
- Lending software solutions revenue grew by 7% year-over-year, totaling $63.0 million.
- Operating income was $2.6 million, representing 3% of revenue.
- The company returned $31.3 million to stockholders through stock repurchases.
Headline financials
Revenue & EPS history
MeridianLink · Revenue · Quarterly
$80.4M
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
MeridianLink expects Q4 2024 revenue to be in the range of $76.0 million to $80.0 million and adjusted EBITDA to be in the range of $29.5 million to $32.5 million. Full year 2024 revenue is expected to be in the range of $313.0 million to $317.0 million and adjusted EBITDA to be in the range of $127.0 million to $130.0 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 Q3 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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