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PR Newswire·

Alkami Announces Conclusion of Strategic Opportunities Review

  • Alkami Technology's Board of Directors concluded a strategic review with advisors and unanimously decided to continue operating as an independent public company.
  • The company reaffirmed its full-year revenue guidance of $528.0 million to $531.0 million.
  • The company reaffirmed its full-year adjusted EBITDA guidance of $96.0 million to $98.0 million.
  • Alkami remains focused on executing its long-range strategic plan to deliver value to customers & shareholders.
  • The company provides a digital sales & service platform for U.S. banks & credit unions that integrates onboarding, digital banking, data, & marketing.
  • A cautionary statement warns that forward-looking statements involve risks such as operating losses, sales cycle unpredictability, cybersecurity threats, & competition.
  • Non-GAAP financial measures, including Adjusted EBITDA, are used to evaluate performance by excluding non-cash items like stock-based compensation & acquisition expenses.