Mitek Systems (MITK) came out with quarterly earnings of $0.25 per share, missing the Zacks Consensus Estimate of $0.26 per share. This compares to earnings of $0.20 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -3.85%. A quarter ago, it was expected that this mobile imaging software company would post earnings of $0.27 per share when it actually produced earnings of $0.24, delivering a surprise of -11.11%. Over the last fo ...

Mitek Reports Fiscal 2024 Third Quarter Financial Results SAN DIEGO, CA, August 8, 2024 - Mitek Systems, Inc. (NASDAQ: MITK, www.miteksystems.com, "Mitek" or the "Company"), a global leader in digital identity and fraud prevention, today reported financial results for its third quarter ended June 30, 2024 and revised its previously provided guidance for its 2024 fiscal year ending September 30, 2024. Fiscal 2024 Third Quarter Financial Highlights • Total revenue was $45.0 million, compared to $43.1 million ...

| --- | --- | |----------------------------------------------------------|-------------| | | | | SECURITIES AND EXCHANGE Washington, D.C. 20549 | COMMISSION | | | Form 10-Q | ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission File Number 001-35231 MITEK SYSTEMS, INC. (Exact name of registr ...

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Mitek Systems (MITK) reported second-quarter fiscal 2024 earnings of 24 cents per share compared with 30 cents a year ago. The bottom line fell short of the Zacks Consensus Estimate of 27 cents per share. Revenues increased 2% year over year to $47 million from $46.1 million a year ago. The top-line beat the consensus estimate by 1.03%. Innovative product mix strategies, along with healthy adoption of its fraud management solutions, are cushioning the top-line performance. Flagship products such as Check Fr ...

Core Insights - A new partnership between Viewpointe and Mitek Systems aims to combat rising check fraud in the banking industry [1][3] - Check fraud has surged by 385% since 2020, with projected losses reaching $24 billion by the end of this year [2] Company Overview - Viewpointe specializes in managed content and data services for highly regulated enterprises, particularly in the financial sector [5] - Mitek is a leader in digital access and identity verification technologies, trusted by 99% of U.S. banks for mobile check deposits [6] Partnership Details - The partnership will enhance fraud detection capabilities for mutual customers, allowing for quicker integration and response to check fraud [2][4] - Mitek's Check Fraud Defender utilizes advanced technologies such as machine learning and artificial intelligence to analyze data and reduce fraud losses [3][4] Industry Impact - This collaboration is positioned to set new standards in fraud prevention across financial institutions, addressing the escalating threats of check fraud [3][4] - The initiative reflects a proactive approach to safeguarding financial transactions and consumer safety in the digital banking landscape [3][4]

Mitek Systems, Inc. (NASDAQ:MITK) Q2 2024 Earnings Conference Call May 14, 2024 5:00 PM ET Company Participants Todd Kehrli - MKR Investor Relations, Inc. Scott Carter - Chairman Max Carnecchia - CEO Dave Lyle - CFO Conference Call Participants Mike Grondahl - Northland Securities Jake Roberge - William Blair Surinder Thind - Jefferies Derek Greenberg - Maxim Group Scott Buck - HC Wainwright Operator Good day, and welcome to the Mitek Fiscal 2024 Second Quarter Earnings Conference Call. All participants wil ...

N-iX strengthens Fraud Prevention Services through Extended Partnership with Mitek Systems NORTH MIAMI BEACH, Fla., May 13, 2024 /PRNewswire/ -- N-iX, a global software solutions and engineering services company, announces the enhancement of its partnership with Mitek Systems, a global leader in digital identity and fraud prevention. N-iX is set to leverage Mitek's industry-leading technologies to offer its clients an improved level of service, addressing the essential need for secure and efficient digital ...

Fiscal 2024 Full Year Guidance Mitek is reiterating its previously provided guidance for its fiscal year ending September 30, 2024, as follows: Mitek Reports Fiscal 2024 Second Quarter Financial Results and Reiterates 2024 Fiscal Full Year Guidance Company Announces $50 Million Share Repurchase Plan SAN DIEGO, CA, May 13, 2024 - Mitek Systems, Inc. (NASDAQ: MITK, www.miteksystems.com, "Mitek" or the "Company"), a global leader in digital identity and fraud prevention, today reported financial results for it ...