Alkami Technology's (ALKT) board has unanimously decided to continue its long-range strategic plan as an independent, public company after concluding a comprehensive review of strategic opportunities, the company said Wednesday.

According to the company, the decision is "in the best interests" of the company and its shareholders.

Alkami also reaffirmed its full-year 2026 revenue guidance of $528 million to $531 million. Analysts polled by FactSet are expecting $529.9 million.

Shares of the company fell more than 19% in recent trading activity Wednesday.

Price: 14.56, Change: -3.53, Percent Change: -19.51