Meridianlink, Inc. ( (MLNK) ) has released its Q2 earnings. Here is a breakdown of the information Meridianlink, Inc. presented to its investors.
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MeridianLink, Inc. is a prominent provider of cloud-based software solutions for financial institutions and consumer reporting agencies, focusing on digital lending, account opening, background screening, and data verification. The company leverages its unified data platform, MeridianLink One, to enhance growth opportunities and compliance for its clients.
In its second quarter of 2025, MeridianLink reported a total revenue of $84.6 million, marking an 8% increase compared to the previous year. The growth was primarily driven by its lending software solutions, which saw a 12% year-over-year increase in revenue. Additionally, the company announced a significant development, entering into a definitive agreement to be acquired by Centerbridge Partners, L.P., valuing MeridianLink at approximately $2.0 billion.
Key financial highlights for the quarter include an operating income of $5.2 million and a net loss of $3.0 million. Despite the net loss, the company achieved an adjusted EBITDA of $38.4 million, representing 45% of revenue. Cash flow from operations was strong at $19.2 million, with free cash flow reaching $17.1 million, both showcasing the company’s robust financial health.
The acquisition by Centerbridge Partners is expected to accelerate MeridianLink’s strategic initiatives, including product innovation and the enhancement of customer experiences. The company’s leadership transition, with Larry Katz set to take over as CEO, is anticipated to further strengthen its market position and drive future growth.
Looking ahead, MeridianLink’s management remains optimistic about the company’s prospects, focusing on leveraging AI and data to unlock new opportunities and enhance its scalable platform. The acquisition is seen as a pivotal step in maximizing shareholder value and advancing the company’s strategic goals.