Meridianlink Inc Stock Price, News & Analysis

MeridianLink (NYSE: MLNK) reported strong Q4 2024 results with revenue reaching $79.4 million, up 7% year-over-year. Lending software solutions revenue grew 7% to $63.8 million. The company posted a net loss of $(7.7) million and adjusted EBITDA of $33.4 million.

For full-year 2024, revenue increased 4% to $316.3 million, with lending software solutions revenue up 7% to $249.3 million. The company reported a net loss of $(29.8) million and adjusted EBITDA of $130.7 million.

The Board approved a $129.5 million stock repurchase program. Looking ahead, MeridianLink projects 2025 revenue between $326.0-334.0 million and adjusted EBITDA of $131.5-137.5 million.

MeridianLink (NYSE: MLNK), a provider of modern software platforms for financial institutions and consumer reporting agencies, has scheduled its fourth quarter and fiscal year 2024 financial results announcement for Thursday, March 6, 2025, after market close.

The company will host a conference call and webcast at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on the same day. Investors can access the call via toll-free numbers from North America (800-549-8228) or internationally (289-819-1520) using Conference ID 31623. A webcast will be available at ir.meridianlink.com, where a replay will also be archived. A telephone replay will be accessible until March 13, 2025, at 8:59 p.m. PT.

MeridianLink (NYSE: MLNK) has been named a winner of the 2025 HousingWire Tech100 Mortgage Award for the fifth consecutive year. The recognition highlights MeridianLink® Mortgage loan origination system's advanced configurability, improvements in borrower experience, and ability to help financial institutions optimize operations while reducing origination times and costs.

The Tech100 program, now in its thirteenth year, identifies the most innovative organizations in mortgage and real estate industries. For the sixth consecutive year, HousingWire has recognized leaders in two categories: Tech100 Mortgage and Tech100 Real Estate, showcasing achievements across both sectors.

MeridianLink (NYSE: MLNK) has announced its keynote speakers for MeridianLink LIVE! 2025, scheduled for May 5-8, 2025, in Orlando, FL. The conference features three notable speakers: Diana Nyad, who will share insights about teamwork and resilience from her historic 110-mile swim from Cuba to Key West; David Gardner, Co-Founder of The Motley Fool, who will discuss financial freedom and its impact on human flourishing; and Logan Mohtashami, HousingWire's lead analyst, who will provide economic updates and housing market insights.

The event will include educational sessions, networking opportunities, panel discussions, special evening events, and a vendor showcase. The conference aims to provide valuable insights for financial institutions and consumer reporting agencies continuing their digital progression journeys.

MeridianLink (NYSE: MLNK) and Zest AI announced an expanded partnership to provide AI-powered fraud detection to MeridianLink's 2,000+ financial institution customers. The collaboration will integrate Zest Protect, an AI-powered fraud detection tool, into MeridianLink's platform to combat rising fraud threats.

The partnership addresses significant fraud concerns, as consumer fraud losses exceeded $10 billion in 2023, with 69% of credit unions and community banks reporting increased fraud cases. 79% of these institutions reported direct fraud losses exceeding $500K. Zest Protect offers protection against compromised identities, first and third-party fraud, and misreported income, while maintaining quick application processing.

The solution is customizable, allowing financial institutions to adjust risk thresholds by fraud type and portfolio. It integrates seamlessly with MeridianLink's loan origination system and evaluates all applications without per-application costs, helping institutions combat various fraud types, including AI-generated fraud.

MeridianLink (NYSE: MLNK) has partnered with Union Credit to enhance credit unions' lending capabilities and member growth through digital integration. The partnership enables credit unions to provide pre-approved, one-click credit offers at the point of purchase through Union Credit's marketplace, while leveraging MeridianLink's loan origination system for streamlined processing.

The integration aims to reduce manual data entry and simplify lending processes, allowing credit unions to process applications more efficiently and at scale. This solution particularly targets younger demographics, noting that Gen Z represents 40% of the population but only 4% of credit union membership. The partnership enables credit unions to deliver competitive loan offers directly at point of sale on major e-commerce platforms, enhancing their digital presence and member acquisition capabilities.

Automatic, a fintech company specializing in connecting used independent car dealerships with lenders, has announced a strategic partnership with MeridianLink (NYSE: MLNK). The collaboration integrates MeridianLink's Advanced Decisioning capabilities within Automatic's dealership network technology to enhance automotive lending operations.

The partnership aims to optimize loan aggregation and improve operational efficiencies by enabling real-time loan analysis and enhanced risk management capabilities. Financial institutions already using MeridianLink's platform will gain direct access to Automatic's network, allowing them to streamline lending processes in the used independent vehicle space.

MeridianLink (NYSE: MLNK) has achieved Great Place To Work Certification™ for the fifth consecutive year. This recognition is based on current employee feedback about their workplace experience. As a remote-first organization, MeridianLink maintains its distinctive culture through employee resource groups (ERGs), mentorship programs, and celebration of various milestones.

According to Great Place To Work research, employees at Certified workplaces are 93% more likely to look forward to coming to work and have twice the likelihood of fair pay, profit sharing, and promotion opportunities. Job seekers are 4.5 times more likely to find a great boss at a Certified workplace.

Shastic, an AI workflow automation provider, has partnered with MeridianLink (NYSE: MLNK) to integrate its platform through the MeridianLink® Marketplace. The collaboration aims to help financial institutions automate employee-managed processes, enhancing operational efficiency. MeridianLink, which provides cloud-based digital lending and account opening solutions, will offer Shastic's AI-Automated Knowledge Workers to its network of banks and credit unions. This integration enables financial institutions to streamline operations and focus more on consumer interactions.