COSTA MESA, Calif. (AP) — COSTA MESA, Calif. (AP) — MeridianLink Inc. (MLNK) on Thursday reported a loss of $7.1 million in its third quarter.
The Costa Mesa, California-based company said it had a loss of 9 cents per share. Earnings, adjusted for one-time gains and costs, were 6 cents per share.
The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 9 cents per share.
The provider of cloud-based software services for financial institutions posted revenue of $80.4 million in the period, exceeding Street forecasts. Three analysts surveyed by Zacks expected $79.5 million.
For the current quarter ending in December, MeridianLink said it expects revenue in the range of $76 million to $80 million.
The company expects full-year revenue in the range of $313 million to $317 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MLNK at https://www.zacks.com/ap/MLNK
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