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MeridianLink 4Q Loss Widens

Revenue jump for 2023 predicted

Costa Mesa-based MeridianLink Inc., which provides software for credit unions and other financial firms, said its fourth-quarter loss widened to $5.5 million from a $3.2 million loss in the same period a year ago.

Shares in the company (NYSE: MLNK) fell 9% in after-hours trading to $14.20 apiece.

Revenue in the three-month period that ended Dec. 31 was up 10% year-on-year to $70.6 million.

The company, led by CEO Nicolaas Vlok, said full-year 2023 revenue is expected to be in the range of $304 million to $310 million, up from $288 million last year.

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Kevin Costelloe
Kevin Costelloe
Tech reporter at Orange County Business Journal
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