MeridianLink, Inc. - MLNK STOCK NEWS

MeridianLink, Inc. (NYSE: MLNK) announces Chief Product Officer Devesh Khare will speak at The Financial Brand Forum on November 15, 2022. Khare's session, titled "Engineering the Optimal Digital Lending Experience", aims to provide insights on leveraging digital technologies for seamless lending processes. The conference, attended by over 2,750 executives from 900 financial institutions, focuses on marketing and digital transformation in banking. Khare emphasizes the need for banks and credit unions to invest in digital lending to enhance customer experiences.

MeridianLink (NYSE: MLNK), a leading provider of financial software, will participate in several investor conferences. The events include:

• Citi’s 2022 FinTech Conference - November 15, New York
• BTIG Technology Innovation Summit - November 15, Virtual
• Jefferies Mortgage & Real Estate Technology Conference - November 15, New York
• Stephens Annual Investment Conference - November 17, Nashville
• Bank of America’s 2022 Leveraged Finance Conference - November 29, Boca Raton
• Credit Suisse 26th Annual Technology Conference - November 30, Scottsdale
• Raymond James Technology Investors Conference - December 6, New York
• Barclays Global Technology, Media & Telecommunications Conference - December 7, San Francisco

Live webcasts will be accessible through the MeridianLink Investor Relations website.

MeridianLink, a leader in software for financial institutions, reported a 7% year-over-year revenue growth to $71.8 million for Q3 2022. Lending software solutions surged 17% to $52.4 million. Adjusted EBITDA margin stood at 36%, with an operating income of $4.5 million. The company completed a key cloud migration ahead of schedule, enhancing security and speed. Looking ahead, Q4 revenue is projected between $65.0 million and $67.0 million, while full-year revenue guidance is $282.5 million to $284.5 million.

MeridianLink (NYSE: MLNK) has successfully acquired OpenClose, a fintech leader in residential mortgage software. This acquisition aims to enhance digital lending experiences, cutting costs and reducing time to close for customers. By integrating systems, MeridianLink strengthens its market position, providing clients with advanced solutions like LenderAssist and PriceMyLoan. OpenClose's history of innovation and growth complements MeridianLink's commitment to digital transformation in mortgage services.

MeridianLink (NYSE: MLNK) has been recognized for the third consecutive year as a Great Place to Work. This certification reflects employee feedback regarding their satisfaction with the company culture and work environment. MeridianLink emphasizes a remote-first, collaborative culture that fosters innovation and employee well-being. Key initiatives include mentorship programs, open-door policies with executives, and community engagement opportunities. The recognition underscores MeridianLink's commitment to prioritizing employee experience, which is essential for attracting talent and fostering innovation.

Auto Financial Group has announced a strategic integration agreement with MeridianLink (NYSE: MLNK). This collaboration aims to enhance the implementation of AFG's Balloon Lending Program within MeridianLink's loan origination system. The integration is designed to improve the loan origination process by streamlining workflows, minimizing errors, and ensuring real-time information updates between both platforms. This partnership will ultimately enable financial institutions to offer a more efficient solution for customers seeking AFG loans, thereby reinforcing AFG's mission to provide innovative financing products.

MeridianLink, Inc. (NYSE: MLNK) will announce its third quarter 2022 financial results on November 7, 2022, post-market. A conference call is scheduled for 2:00 p.m. PT (5:00 p.m. ET) to discuss the earnings report. MeridianLink, based in Costa Mesa, California, is a leading software provider for financial institutions, serving over 1,900 customers, including notable names on Forbes’ lists of top credit unions and banks.

Equifax (NYSE: EFX) has expanded its integration with MeridianLink (NYSE: MLNK), enabling instant verification of employment and income for credit unions, banks, and lenders. This integration supports a streamlined lending experience via the MeridianLink Consumer Loan Origination System, enhancing decision-making speed for lenders and improving customer experience. The Work Number provides access to 573 million records from 2.5 million employers, ensuring high security and privacy. This partnership aims to deliver faster loans and a seamless digital lending process for consumers.