Alkami Technology (NASDAQ:ALKT), a cloud-focused provider of digital banking platforms for financial institutions, delivered its earnings release for the second quarter of fiscal 2025 on July 30, 2025. The headline news was GAAP revenue of $112.1 million in Q2 2025, which rose 36.4% year over year (GAAP) and came in $2.09 million ahead of analyst estimates of $110.01 million (GAAP). Adjusted EBITDA reached $11.9 million, also topping management’s prior guidance. These results reflected strong performance in recurring revenue, user adoption, and effective integration of the MANTL acquisition. Despite continued transformation and margin progress, the company reported a persistent GAAP net loss. Overall, the period marked a step forward for Alkami thanks to GAAP revenue outperformance, growing product adoption, and operational improvements, though expenses and acquisition-related charges remained notable watch areas. Source: Analyst estimates provided by FactSet. Management expectations based on management’s guidance, as provided in Q1 2025 earnings report. Alkami Technology operates as a SaaS (software-as-a-service) company delivering digital banking platforms to regional and community banks and credit unions. Its cloud-based platform focuses on providing financial institutions with a single, scalable interface to serve users across banking products and channels. Alkami’s competitive edge lies in its true multi-tenant cloud architecture, making it easier for clients to integrate with over 300 real-time systems, covering everything from account opening and onboarding to data analytics and security.Continue readinghttps://www.fool.com/data-news/2025/07/31/alkami-alkt-q2-revenue-jumps-36/
No jobs report again. But these numbers show how the U.S. economy is doing.
Investors are set to miss out on the second U.S. jobs report in a row due to the government shutdown, but there’s enough scattered evidence to suggest the economy is hanging in there.