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MeridianLink, Inc. - MLNK STOCK NEWS

Welcome to our dedicated page for MeridianLink news (Ticker: MLNK), a resource for investors and traders seeking the latest updates and insights on MeridianLink stock.

MeridianLink, Inc. (MLNK) is a leading provider of cloud-based software solutions tailored for financial institutions, including banks, credit unions, mortgage lenders, specialty lending providers, and consumer reporting agencies. Since its inception in 1998, the company has been at the forefront of creating innovative technologies that transform how financial institutions operate by addressing complex challenges with streamlined, user-friendly solutions.

MeridianLink's robust and secure technologies empower lenders and consumers by providing reliable, accurate information at any time. The company's commitment to innovation and excellence has established it as an industry leader in web-based credit reporting and lending solutions. MeridianLink generates its maximum revenue from its comprehensive Lending Software Solutions, which streamline the lending process from application to closing.

Recent achievements include enhancing its cloud platform with new features that further simplify the lending process and improve user experience. MeridianLink is also known for its strategic partnerships that expand its reach and capabilities, ensuring that financial institutions of all sizes can benefit from its cutting-edge solutions.

Financially, MeridianLink is well-positioned with a strong revenue base and a commitment to continuous improvement and innovation. The company's focus on customer satisfaction and product excellence ensures that it remains a trusted partner for financial institutions looking to optimize their operations.

Stay updated with the latest news from MeridianLink, Inc. to learn more about their ongoing projects, new product releases, and industry developments that impact financial institutions worldwide.

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MeridianLink, Inc. (NYSE: MLNK) won the Achievement in Product Innovation award at the 22nd Annual American Business Awards for its partnership with FedChoice Federal Credit Union. The partnership led to enhanced member segmentation, operational efficiency, loan funding, and home equity product growth. MeridianLink Insight provided valuable insights, empowering financial institutions with data-driven solutions. The recognition highlights the company's commitment to innovation and driving digital progression in the financial industry.

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MeridianLink, Inc. (NYSE: MLNK) recognized 10 financial institutions at the 2024 Arc Awards for leveraging the MeridianLink One platform to enhance consumer services. The awards highlight innovative use of the company's solutions to address business challenges and drive growth.

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MeridianLink, Inc. (NYSE: MLNK) announces its first quarter 2024 financial results conference call scheduled for May 7, 2024. The call will follow the release of financial results after market close, providing an opportunity for investors and stakeholders to gain insights into the company's performance.
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MeridianLink, Inc. (NYSE: MLNK) announces Space Coast Credit Union's successful implementation of MeridianLink’s Advanced Decisioning module, resulting in streamlined processes and significant increases in instant decisioning, enhancing member experiences and efficiency.
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MeridianLink, Inc. (NYSE: MLNK) announces over 50 customers selecting MeridianLink® Access and Mortgage Access products, showcasing demand for innovative capabilities in the market. Alabama Credit Union experiences significant benefits with a 17% increase in deposit applications within a month of implementing Access.
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MeridianLink, Inc. (NYSE: MLNK) announced keynote speakers for MeridianLink LIVE! 2024, discussing digital maturity in lending and banking. Speakers include Larry Lerner from McKinsey & Company, Kate O’Neill on tech humanism, Jamie Metzl on AI's impact, and Logan Mohtashami on the 2024 economic update.
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MeridianLink, Inc. (NYSE: MLNK) announces Sean Blitchok stepping down as CFO and Larry Katz joining as the new CFO and board member. Mr. Blitchok to remain in advisory role till Sept. 30, 2024. Larry Katz brings extensive experience from companies like StubHub, Genesys, JPMorgan Chase & Co., and The Walt Disney Company.
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MeridianLink, Inc. (NYSE: MLNK) reveals insights from a survey of 1,000 Americans on consumer sentiment regarding payments, customer service, and digital lending innovation.
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MeridianLink, Inc. (MLNK) reports a 6% year-over-year revenue growth in the fourth quarter, reaching $74.6 million, driven by lending software solutions revenue of $59.5 million. The company's strong performance is attributed to robust demand, innovative product expansions, and partner collaborations. Despite facing challenging macroeconomic conditions, MeridianLink achieved an operating income of $6.8 million and a net loss of $(29.6) million, which includes a one-time non-cash tax expense of $29.4 million. The company's cash flows from operations amounted to $12.5 million. For the fiscal year 2023, MeridianLink's revenue reached $303.6 million, with an operating income of $15.5 million and a net loss of $(42.5) million. The company's adjusted EBITDA for the year was $113.0 million. MeridianLink also highlighted significant business and operating achievements, including strong software bookings, new integrations, and customer acquisitions. Looking ahead, the company issued first quarter and full year 2024 financial guidance, expecting revenue in the range of $75.0 million to $78.0 million for Q1 and $313.0 million to $323.0 million for the full year, with adjusted EBITDA projections. MeridianLink will host a conference call to discuss its results.
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MeridianLink, Inc. (NYSE: MLNK) to release its fourth quarter and fiscal year 2023 financial results on March 5, 2024, with a conference call and webcast to follow. Details on how to access the conference call and webcast provided.
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FAQ

What is the current stock price of MeridianLink (MLNK)?

The current stock price of MeridianLink (MLNK) is $21.04 as of December 20, 2024.

What is the market cap of MeridianLink (MLNK)?

The market cap of MeridianLink (MLNK) is approximately 1.6B.

What does MeridianLink, Inc. do?

MeridianLink, Inc. provides cloud-based software solutions for financial institutions, including banks, credit unions, mortgage lenders, and consumer reporting agencies.

When was MeridianLink, Inc. founded?

MeridianLink, Inc. was founded in 1998.

What is the main source of revenue for MeridianLink, Inc.?

MeridianLink generates its maximum revenue from its Lending Software Solutions.

What types of financial institutions use MeridianLink’s services?

Banks, credit unions, mortgage lenders, specialty lending providers, and consumer reporting agencies use MeridianLink's services.

How does MeridianLink improve the lending process?

MeridianLink offers streamlined, user-friendly solutions that simplify the lending process from application to closing, providing reliable and accurate information.

What are some recent achievements of MeridianLink, Inc.?

Recent achievements include enhancements to its cloud platform, new features for improved user experience, and strategic partnerships to expand its capabilities.

Why is MeridianLink considered an industry leader?

MeridianLink is considered an industry leader due to its innovative technologies, commitment to excellence, and the ability to transform financial institutions' operations.

What makes MeridianLink’s technologies secure?

MeridianLink’s technologies are designed to be robust and secure, ensuring reliable and accurate information for lenders and consumers.

Can MeridianLink’s solutions be used by small financial institutions?

Yes, MeridianLink's solutions are designed to cater to financial institutions of all sizes.

How can I stay updated with MeridianLink’s latest news?

You can stay updated with MeridianLink's latest news by following their official announcements and news releases on their website and financial news platforms.

MeridianLink, Inc.

NYSE:MLNK

MLNK Rankings

MLNK Stock Data

1.60B
27.52M
22.09%
79.81%
1.12%
Software - Application
Services-prepackaged Software
Link
United States of America
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