MeridianLink, Inc. announced its financial results for the fourth quarter and fiscal year ended December 31, 2024, on March 6, 2025. Fourth-quarter revenue reached $79.4 million, representing a 7% increase year-over-year. For the full fiscal year 2024, total revenue was $316.3 million, a 4% increase from 2023. The company reported an adjusted net income of 8 cents per share for Q4, surpassing Wall Street expectations, while the GAAP net loss was 10 cents per share.
The company's Board of Directors also approved a new stock repurchase program, authorizing the repurchase of up to $129.5 million of its common stock, effective immediately. This program supersedes prior authorizations, which had approximately $29.7 million remaining. This capital allocation strategy aims to return value to shareholders.
For the full year 2025, MeridianLink provided guidance expecting GAAP revenue between $326 million and $334 million, representing a 3% to 6% year-over-year increase. Adjusted EBITDA is projected to be between $131.5 million and $137.5 million, implying an approximate 41% margin at the midpoint. These figures reflect continued investment in the business to drive future growth.
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