06:05 AM EST, 03/06/2024 (MT Newswires) -- (Updates with the stock move in the headline and last paragraph.)

MeridianLink ( MLNK ) reported a Q4 net loss late Tuesday of $0.29 per diluted share, compared with a net income of $0.01 a year earlier.

Four analysts polled by Capital IQ expected a loss of $0.12.

Revenue for the quarter ended Dec. 31 was $74.6 million, up from $70.6 million a year earlier. Analysts surveyed by Capital IQ expected $74.4 million.

MeridianLink ( MLNK ) said it expects Q1 revenue to be in the range of $75 million to $78 million. Analysts surveyed by Capital IQ expect $79.9 million.

Full-year 2024 revenue will be in the range of $313 million and $323 million. Analysts polled by Capital IQ expect $326.6 million.

MeridianLink ( MLNK ) shares dropped 5.6% in premarket activity Wednesday.

Price: 17.83, Change: -1.06, Percent Change: -5.61