Earnings release
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meridianlink NEWS RELEASE MeridianLink Reports Third Quarter 2021 Results 11/3/2021 COSTA MESA , Calif .-- ( BUSINESS WIRE ) -- MeridianLink , Inc. ( NYSE : MLNK ) , a leading provider of modern software platforms for financial institutions and consumer reporting agencies , today announced financial results for the third quarter ended September 30 , 2021 . " We are extremely pleased with our Q3 results , which included 29 % year - over - year revenue growth , while continuing to demonstrate high levels of profitability with 46 % adjusted EBITDA margins , " said Nicolaas Vlok , chief executive officer of MeridianLink . " This quarter's solid performance spotlights that financial institutions and consumer reporting agencies choose us time and time again to better serve their customers by accelerating their digital transformation . The adoption of MeridianLink Portal by more than 60 new and existing clients highlights this demand . As a market leader , we are ideally positioned to take advantage of these emerging digitalization trends in our target and adjacent markets . " Revenue of $ 67.4 million grows 29 % year - over - year Quarterly Financial Highlights : ● Revenue of $ 67.4 million , an increase of 29 % year - over - year Operating loss of $ ( 8.8 ) million , or ( 13 ) % of revenue and Non - GAAP operating profit of $ 17.1 million , or 25 % of revenue Adjusted EBITDA of $ 31.0 million , or 46 % of revenue • Cash flow from operations of $ 19.1 million , and Free Cash Flow of $ 17.6 million Business and Operating Highlights : ● ● 1