SEC Form 10-Q filed by MeridianLink Inc.

11/7/24 5:24:40 PM ET

Computer Software: Prepackaged Software

Technology

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

(Mark One)


x			QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended September 30, 2024


o			TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from _______ to_______

Commission file number: 001-40680

____________________________

MeridianLink, Inc.

(Exact Name of Registrant as Specified in its Charter)

______________________________


Delaware						82-4844620
(State or Other Jurisdiction of Incorporation or Organization)						(I.R.S. Employer Identification No.)

3560 Hyland Avenue, Suite 200, Costa Mesa, CA						92626
(Address of Principal Executive Offices)						(Zip Code)

(714) 708-6950

(Registrant’s Telephone Number, Including Area Code)

______________________________________________

Securities registered pursuant to Section 12(b) of the Act:


Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common stock, par value $0.001 per share	MLNK	The New York Stock Exchange

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes x No o

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes x No o

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

Large accelerated filer

Accelerated filer

Non-accelerated filer

Smaller reporting company

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). Yes o No x

As of October 31, 2024, there were 75,525,228 shares of the registrant’s common stock, par value $0.001 per share, outstanding.

MeridianLink, Inc.

Table of Contents


		Page
PART I. FINANCIAL INFORMATION

Item 1.	Financial Statements (unaudited)	3

	Condensed Consolidated Balance Sheets as of September 30, 2024 and December 31, 2023	3

	Condensed Consolidated Statements of Operations for the three and nine months ended September 30, 2024 and 2023	4

	Condensed Consolidated Statements of Stockholders' Equity for the three and nine months ended September 30, 2024 and 2023	5

	Condensed Consolidated Statements of Cash Flows for the nine months ended September 30, 2024 and 2023	7

	Notes to Condensed Consolidated Financial Statements (Unaudited)	9

Item 2.	Management’s Discussion and Analysis of Financial Condition and Results of Operations	28

Item 3.	Quantitative and Qualitative Disclosures about Market Risk	44

Item 4.	Controls and Procedures	44

PART II. OTHER INFORMATION

Item 1.	Legal Proceedings	46

Item 1A.	Risk Factors	46

Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds	80

Item 3.	Defaults Upon Senior Securities	80

Item 4.	Mine Safety Disclosures	80

Item 5.	Other Information	80

Item 6.	Exhibits	81

	Signatures	83

This Quarterly Report on Form 10-Q includes trademarks, such as MeridianLink®, which are protected under applicable intellectual property laws and are the property of MeridianLink, Inc. or its subsidiaries. This Quarterly Report on Form 10-Q also contains trademarks, service marks, copyrights, and trade names of other companies, which are the property of their respective owners. Solely for convenience, our trademarks and trade names referred to in this Quarterly Report on Form 10-Q may appear without the ® or ™ symbols, but such references are not intended to indicate, in any way, that we will not assert, to the fullest extent under applicable law, our rights or the right of the applicable licensor to these trademarks and trade names.

MeridianLink uses its investor relations website (https://ir.meridianlink.com), press releases, SEC filings, public conference calls and webcasts, blog posts on its website, as well as its social media channels, such as its LinkedIn page (www.linkedin.com/company/meridianlink), X (formerly Twitter) feed (@meridianlink), and Facebook page (www.facebook.com/MeridianLink/), as a means of disclosing material information and for complying with its disclosure obligations under Regulation FD. Information contained on or accessible through the websites is not incorporated by reference into this Quarterly Report on Form 10-Q, and links for these websites are inactive textual references only.

PART I

Item 1. Financial Statements

MERIDIANLINK, INC.

CONDENSED CONSOLIDATED BALANCE SHEETS

(unaudited)

(in thousands, except share and per share data)


	As of
	September 30, 2024		December 31, 2023
Assets
Current assets:
Cash and cash equivalents	$	82,266	$	80,441
Accounts receivable, net	38,868		32,412
Prepaid expenses and other current assets	12,309		11,574
Total current assets	133,443		124,427
Property and equipment, net	2,362		3,337
Right of use assets, net	639		1,140
Intangible assets, net	214,125		251,060
Goodwill	610,063		610,063
Other assets	7,311		6,224
Total assets	$	967,943	$	996,251

Liabilities and Stockholders’ Equity
Current liabilities:
Accounts payable	$	6,165	$	4,405
Accrued liabilities	31,914		30,673
Deferred revenue	29,767		17,224
Current portion of debt, net of debt issuance costs	3,773		3,542
Total current liabilities	71,619		55,844
Debt, net of debt issuance costs	466,137		420,004
Deferred tax liabilities, net	11,369		10,823
Long-term deferred revenue	160		792
Other long-term liabilities	336		541
Total liabilities	549,621		488,004
Commitments and contingencies (Note 5)
Stockholders’ Equity:
Preferred stock, $0.001 par value; 50,000,000 shares authorized; zero shares issued and outstanding at September 30, 2024 and December 31, 2023	—		—
Common stock, $0.001 par value; 600,000,000 shares authorized, 75,107,642 and 78,447,701 shares issued and outstanding at September 30, 2024 and December 31, 2023, respectively	126		129
Additional paid-in capital	692,285		654,634
Accumulated deficit	(274,089)		(146,516)
Total stockholders’ equity	418,322		508,247
Total liabilities and stockholders’ equity	$	967,943	$	996,251

The accompanying notes are an integral part of the unaudited condensed consolidated financial statements.

MERIDIANLINK, INC.

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(unaudited)

(in thousands, except share and per share data)


	Three Months Ended September 30,				Nine Months Ended September 30,
	2024		2023		2024		2023
Revenues, net	$	80,369	$	76,488	$	236,861	$	229,038
Cost of revenues:
Subscription and services	22,790		22,488		67,507		69,973
Amortization of developed technology	4,860		4,524		14,392		13,488
Total cost of revenues	27,650		27,012		81,899		83,461
Gross profit	52,719		49,476		154,962		145,577
Operating expenses:
General and administrative	29,649		23,218		84,065		70,182
Research and development	10,019		11,248		29,409		36,814
Sales and marketing	10,492		9,441		32,495		26,212
Restructuring related costs	—		—		4,179		3,621

Total operating expenses	50,160		43,907		150,148		136,829
Operating income	2,559		5,569		4,814		8,748
Other (income) expense, net:
Interest and other income	(1,371)		(1,342)		(3,963)		(2,596)
Interest expense	10,165		9,780		29,544		28,127
Total other expense, net	8,794		8,438		25,581		25,531
Loss before income taxes	(6,235)		(2,869)		(20,767)		(16,783)
Provision for (benefit from) income taxes	816		(800)		1,260		(3,818)
Net loss	$	(7,051)	$	(2,069)	$	(22,027)	$	(12,965)

Net loss per share:
Basic	$	(0.09)	$	(0.03)	$	(0.29)	$	(0.16)
Diluted	$	(0.09)	$	(0.03)	$	(0.29)	$	(0.16)
Weighted average common stock outstanding:
Basic	75,631,670		81,073,915		76,495,022		80,883,310
Diluted	75,631,670		81,073,915		76,495,022		80,883,310

The accompanying notes are an integral part of the unaudited condensed consolidated financial statements.

MERIDIANLINK, INC.

CONDENSED CONSOLIDATED STATEMENTS STOCKHOLDERS’ EQUITY
(unaudited)

(in thousands, except share data)


	Common Stock			Additional Paid-in Capital		Accumulated Deficit		Stockholders’ Equity
	Shares	Amount
Balance at December 31, 2023	78,447,701	$	129	$	654,634	$	(146,516)	$	508,247

Vesting of restricted stock units (“RSUs”)	261,847	—		—		—		—
Issuance of common stock due to exercise of stock options	26,856	—		191		—		191

Shares withheld related to net share settlement of RSUs	8,440	—		(294)		—		(294)
Repurchases of common stock	(2,406,015)	(2)		—		(44,375)		(44,377)
Share-based compensation expense	—	—		7,872		—		7,872
Net loss	—	—		—		(5,306)		(5,306)
Balance at March 31, 2024	76,338,829	$	127	$	662,403	$	(196,197)	$	466,333

Vesting of RSUs	924,333	1		—		—		1
Issuance of common stock due to exercise of stock options	86,350	—		531		—		531
Issuance of common stock through employee stock purchase plan	69,899	—		944		—		944
Shares withheld related to net share settlement of RSUs	(91,589)	—		(1,382)		—		(1,382)
Repurchases of common stock	(1,553,894)	(2)		—		(29,914)		(29,916)
Share-based compensation expense	—	—		12,695		—		12,695
Net loss	—	—		—		(9,670)		(9,670)
Balance at June 30, 2024	75,773,928	$	126	$	675,191	$	(235,781)	$	439,536
Vesting of RSUs	529,912	1		—		—		1
Issuance of common stock due to exercise of stock options	230,535	—		4,006		—		4,006

Shares withheld related to net share settlement of RSUs	(57,729)	—		(1,234)		—		(1,234)
Repurchases of common stock	(1,369,004)	(1)		—		(31,257)		(31,258)
Share-based compensation expense	—	—		14,322		—		14,322
Net loss	—	—		—		(7,051)		(7,051)
Balance at September 30, 2024	75,107,642	$	126	$	692,285	$	(274,089)	$	418,322

MERIDIANLINK, INC.

CONDENSED CONSOLIDATED STATEMENTS STOCKHOLDERS’ EQUITY
(unaudited)

(in thousands, except share data)


	Common Stock			Additional Paid-in Capital		Accumulated Deficit		Stockholders’ Equity
	Shares	Amount
Balance at December 31, 2022	80,644,452	$	128	$	621,396	$	(42,433)	$	579,091
Vesting of restricted stock awards	59,558	4		—		—		4
Vesting of RSUs	65,770	—		—		—		—
Issuance of common stock due to exercise of stock options	97,412	—		594		—		594
Shares withheld related to net share settlement of RSUs	(1,769)	—		(24)		—		(24)
Repurchases of common stock	(228,529)	—		—		(3,499)		(3,499)
Share-based compensation expense	—	—		4,939		—		4,939
Net loss	—	—		—		(5,666)		(5,666)
Balance at March 31, 2023	80,636,894	$	132	$	626,905	$	(51,598)	$	575,439
Vesting of restricted stock awards	3,497	—		—		—		—
Vesting of RSUs	575,623	—		—		—		—
Issuance of common stock due to exercise of stock options	51,105	—		431		—		431
Issuance of common stock through employee stock purchase plan	61,759	—		793		—		793
Shares withheld related to net share settlement of RSUs	(53,240)	—		(1,026)		—		(1,026)
Repurchases of common stock	(107,978)	—		—		(1,646)		(1,646)
Share-based compensation expense	—	—		9,090		—		9,090
Net loss	—	—		—		(5,230)		(5,230)
Balance at June 30, 2023	81,167,660	$	132	$	636,193	$	(58,474)	$	577,851
Vesting of RSUs	222,316	—		—		—		—
Issuance of common stock due to exercise of stock options	99,914	—		608		—		608
Shares withheld related to net share settlement of RSUs	(16,969)	—		(353)		—		(353)
Repurchases of common stock	(1,845,708)	(2)		—		(30,675)		(30,677)
Share-based compensation expense	—	—		8,406		—		8,406
Net loss	—	—		—		(2,069)		(2,069)
Balance at September 30, 2023	79,627,213	$	130	$	644,854	$	(91,218)	$	553,766

The accompanying notes are an integral part of the unaudited condensed consolidated financial statements.

MERIDIANLINK, INC.

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
(unaudited)

(in thousands)


	Nine Months Ended September 30,
	2024		2023
Cash flows from operating activities:
Net loss	$	(22,027)	$	(12,965)
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization	43,689		43,388
Provision for expected credit losses	604		627
Amortization of debt issuance costs	747		897
Share-based compensation expense	34,683		22,216
Deferred income taxes	546		(4,507)
Loss on disposal of property and equipment	90		—

Changes in operating assets and liabilities, net of acquisitions:
Accounts receivable	(7,060)		(1,726)
Prepaid expenses and other assets	(1,896)		(4,595)
Accounts payable	1,758		3,632
Accrued liabilities	944		(782)
Deferred revenue	11,911		9,301
Net cash provided by operating activities	63,989		55,486
Cash flows from investing activities:
Capitalized software additions	(5,483)		(7,004)
Purchases of property and equipment	(213)		(347)
Return of escrow deposit	—		30,000
Funds received in connection with former business combination	—		1,219

Acquisition, net of cash acquired – Beanstalk Networks LLC	—		326

Net cash (used in) provided by investing activities	(5,696)		24,194
Cash flows from financing activities:
Repurchases of common stock	(104,847)		(35,660)
Proceeds from exercise of stock options	4,728		1,633
Proceeds from employee stock purchase plan	944		793
Taxes paid related to net share settlement of restricted stock units	(2,910)		(1,403)
Principal payments of debt	(3,468)		(3,263)
Proceeds from debt	50,000		—
Payments of debt issuance costs	(840)		—
Payments of deferred offering costs	(75)		—

Net cash used in financing activities	(56,468)		(37,900)
Net increase in cash and cash equivalents	1,825		41,780
Cash and cash equivalents, beginning of period	80,441		55,780
Cash and cash equivalents, end of period	$	82,266	$	97,560

MERIDIANLINK, INC.

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
(unaudited)

(in thousands)


	Nine Months Ended September 30,
	2024		2023
Supplemental disclosures of cash flow information:
Cash paid for interest	$	28,988	$	27,498
Cash paid for income taxes	455		2,610
Non-cash investing and financing activities:
Shares withheld with respect to net settlement of restricted stock units	2,910		1,403
Purchase price allocation adjustment for Beanstalk Networks LLC acquisition	—		757
Excise taxes payable included in repurchases of common stock	704		162
Share-based compensation expense included in capitalized software additions	206		219
Purchase price allocation adjustment related to income tax effects for StreetShares acquisition	—		245
Purchases of property and equipment included in accounts payable and accrued liabilities	46		611

Vesting of restricted stock awards and restricted stock units	2		4

The accompanying notes are an integral part of the unaudited condensed consolidated financial statements.


	As of September 30,		As of January 1,		As of September 30,		As of January 1,
	2024		2024		2023		2023
Accounts receivable, net	$	36,893	$	30,314	$	31,751	$	29,010
Unbilled receivables	1,975		2,098		2,245		3,895
Accounts receivable, net	$	38,868	$	32,412	$	33,996	$	32,905

Deferred revenue, current	$	29,767	$	17,224	$	26,694	$	16,945
Long-term deferred revenue	$	160	$	792	$	692	$	1,141


	As of September 30,		As of December 31,
	2024		2023
Prepaid expenses	$	7,422	$	5,762
Contract cost assets, current	4,111		3,782


Income tax receivable	322		961
Other	454		1,069
Total prepaid expenses and other current assets	$	12,309	$	11,574


	As of September 30, 2024
	Gross Amount		Accumulated Amortization		Net Carrying Amount
Customer relationships	$	343,300	$	(192,125)	$	151,175
Developed technology	96,400		(60,457)		35,943
Trademarks	24,975		(14,660)		10,315
Non-competition agreements	5,500		(2,478)		3,022
Capitalized software	34,686		(21,016)		13,670
Total intangible assets, net	$	504,861	$	(290,736)	$	214,125


	As of December 31, 2023
	Gross Amount		Accumulated Amortization		Net Carrying Amount
Customer relationships	$	343,300	$	(166,485)	$	176,815
Developed technology	96,400		(52,039)		44,361
Trademarks	24,975		(12,803)		12,172
Non-competition agreements	5,500		(1,743)		3,757
Capitalized software	28,997		(15,042)		13,955
Total intangible assets, net	$	499,172	$	(248,112)	$	251,060


			Weighted Average Remaining Useful Life (in years)
Customer relationships			5
Developed technology			6
Trademarks			4
Non-competition agreements			3
Capitalized software			2


Years ending December 31,
2024 (remaining three months)	$	14,270
2025	51,948
2026	46,133
2027	42,997
2028	24,911
Thereafter	33,866
Total amortization expense	$	214,125


	Contractual Commitments
Years ending December 31,

2024 (remaining three months)	$	1,095
2025	4,831
2026	4,716
2027	3,141
Thereafter	—
Total	$	13,783


Years ending December 31,
2024 (remaining three months)	$	1,191
2025	4,763
2026	4,763
2027	4,763
2028	458,439

Total	$	473,919


	Number of Options	Weighted Average Exercise Price		Weighted Average Remaining Contract Term (in years)	Aggregate Intrinsic Value




Outstanding – January 1, 2024	3,976,372	$	12.53	6.68	$	49,670
Granted	—	—
Exercised	(343,742)	13.76
Forfeited	(252,160)	20.30
Outstanding – September 30, 2024	3,380,470	$	11.82	5.52	$	33,580
Vested and expected to vest in the future at September 30, 2024	3,380,470	11.82		5.52	33,580
Exercisable at September 30, 2024	3,029,080	$	10.76	5.33	$	32,877


	Number of RSUs	Weighted Average Grant Date Fair Value
Non-vested – January 1, 2024	4,919,744	$	17.19
Granted	4,863,095	19.47
Vested	(1,716,092)	17.49
Forfeited	(995,579)	17.32
Non-vested – September 30, 2024	7,071,168	18.67


	As of September 30,
	2024		2023
Beginning balance	$	8,018	$	6,539
Additions	3,927		3,570
Amortization	(3,011)		(2,423)
Ending balance	$	8,934	$	7,686
Contract cost assets, current	$	4,111	$	3,642
Contract cost assets, noncurrent	4,823		4,044
Total contract cost assets	$	8,934	$	7,686


	Three Months Ended September 30,				Change				Nine Months Ended September 30,				Change
(in thousands)	2024		2023		$		%		2024		2023		$		%
Revenues, net	$	80,369	$	76,488	$	3,881	5	%	$	236,861	$	229,038	$	7,823	3	%


Period	Total Number of Shares Purchased	Average Price Paid Per Share	Total Number of Shares Purchased as Part of Publicly Announced Programs	Approximate Dollar Value of Shares that May Yet Be Purchased Under the Program (in thousands) (1)






July 1 to July 31, 2024	439,207	22.41	8,300,489	51,449
August 1 to August 31, 2024	508,559	22.11	8,809,048	40,206
September 1 to September 30, 2024	421,238	23.68	9,230,286	29,526
Total	1,369,004
______________


Exhibit No.	Exhibit Title	Form	Exhibit	Filing Date

3.1	Certificate of Incorporation of the Registrant.	10-Q	3.1	September 7, 2021

3.2	Certificate of Amendment to Certificate of Incorporation of the Registrant.	10-Q	3.2	August 8, 2024

3.3	Bylaws of the Registrant.	S-1	3.3	April 30, 2021

4.1	Specimen Common Stock Certificate.	S-1	4.1	April 30, 2021

4.2	Registration Rights Agreement, dated May 31, 2018, by and among the Registrant and certain of its shareholders.	S-1	4.2	April 30, 2021

4.3	Amendment No. 1 to Registration Rights Agreement, dated as of December 28, 2023, by and among the Registrant and certain of its stockholders.	S-3	4.2	December 28, 2023

10.1†	Employment Agreement by and between the Registrant and Elias Olmeta, dated as of August 26, 2024.	8-K	10.1	August 8, 2024

10.2†	Employment Agreement by and between the Registrant and Laurence E. Katz, dated as of April 1, 2024 , as amended by Amendment No. 1 thereto, dated as of August 8 , 2024 .	—	—	Filed herewith

10.3†	Form of Amended and Restated Indemnification Agreement for directors and executive officers.	—	—	Filed herewith

31.1	Certification of Principal Executive Officer pursuant to SEC Rule 13a-14(a)/15d-14(a).	—	—	Filed herewith

31.2	Certification of Principal Financial Officer pursuant to SEC Rule 13a-14(a)/15d-14(a).	—	—	Filed herewith

32.1#	Certification of Principal Executive Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.	—	—	Filed herewith

32.2#	Certification of Principal Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.	—	—	Filed herewith

101.INS	Inline XBRL Instance Document (the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document).	—	—	Filed herewith

101.SCH	Inline XBRL Taxonomy Extension Schema Document.	—	—	Filed herewith

101.CAL	Inline XBRL Taxonomy Extension Calculation Linkbase Document.	—	—	Filed herewith

101.DEF	Inline XBRL Taxonomy Extension Definition Linkbase Document.	—	—	Filed herewith

101.LAB	Inline XBRL Taxonomy Extension Label Linkbase Document.	—	—	Filed herewith

101.PRE	Inline XBRL Taxonomy Extension Presentation Linkbase Document.	—	—	Filed herewith

104	Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101).	—	—	Filed herewith


	MERIDIANLINK, INC.

Dated: November 7, 2024	By:	/s/ Nicolaas Vlok
	Name:	Nicolaas Vlok
	Title:	Chief Executive Officer (Principal Executive Officer)

Dated: November 7, 2024	By:	/s/ Elias Olmeta
	Name:	Elias Olmeta
	Title:	Chief Financial Officer (Principal Financial and Accounting Officer)

Date	Price Target	Rating	Analyst
2/8/2024		Underperform → Peer Perform	Wolfe Research
10/20/2023	$17.00	Sell	UBS
8/3/2023	$15.00	Neutral	Credit Suisse
8/2/2023		Buy → Neutral	BTIG Research
4/20/2023	$14.00	Peer Perform → Underperform	Wolfe Research
1/11/2023	$17.00 → $14.00	Equal Weight → Underweight	Barclays
7/20/2022		Outperform → Peer Perform	Wolfe Research
3/11/2022	$39.00 → $34.00	Buy	BTIG

SEC Form 10-Q filed by MeridianLink Inc.

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$MLNK SEC Filings

SEC Form 10-Q filed by MeridianLink Inc.

MeridianLink Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Regulation FD Disclosure, Financial Statements and Exhibits

MeridianLink Inc. filed SEC Form 8-K: Entry into a Material Definitive Agreement, Financial Statements and Exhibits

$MLNK Large Ownership Changes

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Amendment: SEC Form SC 13G/A filed by MeridianLink Inc.

SEC Form SC 13G/A filed by MeridianLink Inc. (Amendment)

SEC Form SC 13G/A filed by MeridianLink Inc. (Amendment)

$MLNK Analyst Ratings

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MeridianLink upgraded by Wolfe Research

UBS initiated coverage on MeridianLink with a new price target

Credit Suisse resumed coverage on MeridianLink with a new price target

$MLNK Insider Trading

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Large owner Thoma Bravo Ugp, Llc sold $13,682,500 worth of shares (650,000 units at $21.05) (SEC Form 4)

Chief Executive Officer Vlok Nicolaas covered exercise/tax liability with 42,721 shares, decreasing direct ownership by 4% to 1,043,382 units (SEC Form 4)

Large owner Thoma Bravo Ugp, Llc sold $126,300,000 worth of shares (6,000,000 units at $21.05) (SEC Form 4)

$MLNK Leadership Updates

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$MLNK Financials

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$MLNK Market Insights

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MeridianLink Appoints Seasoned SaaS Executive Elias Olmeta as Chief Financial Officer

MeridianLink Appoints Seasoned Technology and Banking Executive Larry Katz as President and Experienced SaaS Finance Leader Elias Olmeta as CFO

MeridianLink Announces Chief Financial Officer Transition

MeridianLink Named to IDC Global FinTech Rankings Top 50

MeridianLink Announces Third Quarter 2024 Financial Results Conference Call

MeridianLink to Highlight Company's Digital Progression Model at Jack Henry Connect 2024

MeridianLink Announces Third Quarter 2024 Financial Results Conference Call

MeridianLink Announces Second Quarter 2024 Financial Results Conference Call

MeridianLink Announces First Quarter 2024 Financial Results Conference Call

MeridianLink Sees Q2 2024 Revenue $76M-$79M Vs $78.8M Estimate

MeridianLink Q1 2024 Adj EPS $0.06 Misses $0.07 Estimate, Sales $77.816M Beat $76.934M Estimate

CORRECTION: MillerKnoll Ticker Is 'MLKN'

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Leadership Updates

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Financials

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Market Insights