EU and US could reach trade deal this weekend - Reuters
Meridianlink stock reached a new 52-week low, hitting $15.57, amidst a challenging year for the company. According to InvestingPro data, while the company maintains strong liquidity with a current ratio of 2.22, it trades at relatively high EBIT and EBITDA multiples. Over the past year, the stock has experienced a significant decline, with a 1-year change of -27.15%. Despite the challenges, management has been actively buying back shares, and analysts expect net income growth this year. This downturn reflects broader challenges within the sector and the company’s ongoing efforts to navigate a competitive market environment. The 52-week low marks a critical point for investors and analysts, who are closely monitoring Meridianlink’s strategies to regain momentum and improve its financial standing. For deeper insights into MLNK’s valuation and growth prospects, access the comprehensive Pro Research Report, available exclusively on InvestingPro.
In other recent news, MeridianLink Inc reported its Q1 2025 earnings, revealing a revenue of $81.5 million, slightly surpassing the forecast of $81.34 million. However, the company’s earnings per share (EPS) missed expectations, coming in at $0.09 compared to the projected $0.16. Despite this, MeridianLink’s stock saw an increase during regular trading hours. The company announced a leadership transition, with Larry Katz set to become CEO. Analysts from firms like Raymond (NSE:RYMD) James and Barclays (LON:BARC) engaged with the company during its earnings call, discussing various aspects such as consumer lending demand and the leadership change. MeridianLink’s subscription revenue accounted for 84% of total revenue, showing a 4% year-over-year growth. The company is also focusing on AI-powered innovations and product enhancements as part of its strategic initiatives. Additionally, MeridianLink has set a revenue guidance range of $326 million to $334 million for the full year 2025, indicating a growth of 3-6%.
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