MeridianLink Inc. $(MLNK)$ has reported its financial results for the second quarter ending June 30, 2025. The company achieved a revenue of $84.6 million, marking an 8% increase compared to the same period last year. Revenue from lending software solutions rose to $68.7 million, a 12% year-over-year growth. The company posted an operating income of $5.2 million, representing 6% of its revenue, and a non-GAAP operating income of $23.0 million, or 27% of revenue. However, MeridianLink reported a net loss of $(3.0) million, equating to (4)% of its revenue. The adjusted EBITDA stood at $38.4 million, or 45% of revenue. Cash flows from operations were $19.2 million, equivalent to 23% of revenue, and free cash flow reached $17.1 million, or 20% of revenue. In a significant business update, MeridianLink has entered into a definitive agreement to be acquired by Centerbridge Partners, L.P. for an enterprise value of approximately $2.0 billion or $20.00 per share. Due to the pending transaction, MeridianLink has canceled its scheduled earnings conference call and suspended its financial guidance for the full year 2025.
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