PLANO, Texas (AP) — PLANO, Texas (AP) — Alkami Technology Inc. (ALKT) on Wednesday reported a loss of $11.4 million in its first quarter.
On a per-share basis, the Plano, Texas-based company said it had a loss of 12 cents. Earnings, adjusted for one-time gains and costs, were 4 cents per share.
The provider of digital banking services posted revenue of $76.1 million in the period.
For the current quarter ending in June, Alkami said it expects revenue in the range of $80.5 million to $82 million.
The company expects full-year revenue in the range of $328.5 million to $333 million.
Alkami shares have climbed almost 1% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $24.43, more than doubling in the last 12 months.
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