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 ...

They all have distinctive qualities that go hand in hand with the title. These companies are the epitome of what investors look for — they have steady revenue growth, tireless efficiency and profitability pursuits, and unchanging financial stability in the face of market swings. The goal is to break down why these companies are opportunities right now and expected to double by 2026. Mitek (MITK) The software company Mitek (NASDAQ:MITK) offers digital identity and fraud prevention products. Mitek had adjuste ...

Finding profitable ventures that guarantee long-term wealth-building is still crucial. Three next-generation tech stocks have stood out as promising investments throughout this hunt. These companies, which are involved in software development, information technology and energy, provide solid prospects for expansion and long-term financial success.The first one has outstanding success, exceeding sales volume targets, which indicates strong asset management and operational competence. Meanwhile, the second co ...

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 Frau ...

New partnership targets rising check fraud in the banking industry CHARLOTTE, N.C., May 14, 2024 /PRNewswire/ -- Viewpointe®, a leading managed content services provider for highly regulated enterprises, today announced a new partnership with Mitek Systems, Inc. (NASDAQ: MITK), a global leader in mobile deposit and fraud prevention. This strategic partnership will play a key role in combatting fraud for financial institutions. This initiative will allow mutual customers an easier and quicker integration to ...

Dave Lyle Yeah. Again, we're not prepared yet to guide 2025. That being said, they're based on exactly what you're saying. There is certainly opportunity for margin expansion. Scott Buck Scott Buck ThatÂ's helpful. Appreciate it guys. Thank you, operator, and thank you, everyone for joining our call today and for your continued support. As always, if you have any follow-up questions or would like to meet the management, please feel free to reach out to me, Todd Kehrli at MKR Investor Relations. I'll be happ ...

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 transactions in today's rapidly evolving business environment. N-iX strengthens Fraud Pr ...

In 2022, the global cost of cybercrimes came in at $8.44 trillion, according to the Federal Bureau of Investigations (FBI) and the International Monetary Fund (IMF). By 2027, that could balloon to $23.84 trillion. Cybersecurity threats continue to mount in the face of unpreparedness by governments, large and small companies, schools and the average person. They serve as a key catalyst for cybersecurity stocks.“A top Biden cybersecurity official urged the nation’s ports in a joint call on Wednesday to have t ...