MeridianLink, Inc. - MLNK STOCK NEWS

MeridianLink, Inc. (NYSE: MLNK) will announce its first quarter 2022 financial results on May 12, 2022, after market close. A conference call is scheduled for 2:00 p.m. PT (5:00 p.m. ET). The call can be accessed via phone or a webcast available at ir.meridianlink.com. MeridianLink is a leader in cloud-based software solutions for financial institutions, serving over 1,900 customers, including many featured on Forbes' Best Credit Unions and Banks list.

MeridianLink, Inc. (NYSE: MLNK) has successfully completed its acquisition of StreetShares®, a financial technology firm specializing in digital small business lending solutions for banks and credit unions. This acquisition enhances MeridianLink's software platforms targeted at financial institutions and expands its offerings for small business banking. With StreetShares' Atlas Platform, MeridianLink aims to provide a comprehensive suite of digital lending products, reinforcing its position as a leader in modern financial technology.

MeridianLink, Inc. (NYSE: MLNK) reported Q4 2021 revenue of $64.0 million, reflecting a 19% year-over-year growth. The company achieved an operating income of $7.8 million, representing 12% of revenue, while adjusted EBITDA reached $24.6 million, or 38% of revenue. MeridianLink’s consumer business grew by 23% year-over-year, driven by strategic reinvestments. For Q1 2022, the company projects revenue between $68.3 million and $69.3 million, and for the full year 2022, revenue is expected to range from $288.0 million to $292.0 million.

MeridianLink (NYSE: MLNK) has announced its acquisition of StreetShares, a fintech company specializing in digital small business lending technology. This move aims to enhance MeridianLink's lending capabilities for community banks and credit unions, supporting their digital transformation. The StreetShares Atlas Platform will provide advanced business lending tools, allowing institutions to launch a digital lending environment quickly. With strong ties to organizations like Fiserv, the acquisition is expected to add significant value to MeridianLink's offerings and strengthen its position in the market.

Point Predictive has announced a strategic partnership with MeridianLink (NYSE: MLNK) to enhance the auto lending process through advanced AI solutions. This integration aims to streamline loan underwriting and improve operational efficiency for MeridianLink customers. Tim Grace, CEO of Point Predictive, highlighted that the partnership will help mitigate various types of lending fraud and accelerate loan origination rates. This collaboration indicates a commitment to innovation in digital lending and fraud detection within the automotive finance sector.

MeridianLink (NYSE: MLNK) announced a strategic partnership with Social Intelligence to enhance background screening services via the TazWorks platform. This collaboration introduces social media screening capabilities, enabling clients to leverage web analytics for informed employment decisions. The integration aims to facilitate a more comprehensive screening process while safeguarding personal privacy with the SI Protected Class Safety Feature™. The partnership represents a significant step in expanding the offerings of TazWorks clients and automating screening procedures.

MeridianLink announced its recognition as a winner of the HousingWire 2022 Tech100 Mortgage Award for its innovative lending software, MeridianLink Mortgage. The award highlights the most impactful technology firms in the mortgage sector, enhancing borrower experiences through improved mortgage origination processes. Now in its tenth year, the Tech100 program showcases top organizations in the housing industry, emphasizing innovation. CEO Nicolaas Vlok expressed pride in the award, illustrating the company's commitment to providing technology that fosters consumer connections.

MeridianLink, Inc. (NYSE: MLNK) will announce its fourth quarter and fiscal year 2021 financial results on March 10, 2022, after market close. A conference call will follow at 2:00 p.m. PT (5:00 p.m. ET). MeridianLink provides cloud-based software for financial institutions, serving over 1,900 customers, including well-known banks and credit unions. The call can be accessed via phone at (877) 284-4396 or through a webcast hosted on their investor relations page.

MeridianLink (NYSE: MLNK) has enhanced its partnership with IMM, an eSignature provider for financial institutions, to integrate eSignature capabilities within its MeridianLink Collect platform. This update allows community financial institutions to manage collections more efficiently by tracking document signing processes within a single system. The integration aims to streamline operations and improve productivity for banks and credit unions, enhancing overall consumer experiences.