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 ...

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. Through this partnership, Viewpointe is significantly aiding its customers in the ...

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 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 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 registrant as specified in its charter) Delaware 87-0418827 (State or other jurisdiction of incorpo ...

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 ...

Mitek Systems (MITK) reported first-quarter fiscal 2024 earnings of 14 cents per share compared with 31 cents a year ago.Revenues decreased 19.2% year over year to $36.9 million from $45.7 million a year ago.The top-line decline was mainly due to tougher year-over-year comparisons. In the first quarter of fiscal 2023, the company secured a big multi-year mobile check deposit reorder with a single customer. The led to the pulling forward of $7 million of future revenues in the first quarter of fiscal 2023. I ...

Mitek Systems, Inc. (NASDAQ:MITK) Q1 2024 Earnings Conference Call April 15, 2024 5:00 PM ET Todd Kehrli - MKR Investor Relations, Inc. Max Carnecchia - CEO Dave Lyle - CFO Jake Roberge - William Blair Mike Grondahl - Northland Securities Allen Klee - Maxim Chad Bennett - Craig Hallam Scott Buck - HC Wainwright Hello, and welcome to Mitek's Fiscal 2024 First Quarter Earnings Conference Call. All participants will be in listen-only mode [Operator Instructions]. As a reminder, this conference is being recorde ...

Mitek Systems, Inc. (NASDAQ:MITK) Q4 2023 Results Conference Call March 19, 2024 5:00 PM ET Company Participants Todd Kehrli - IR Max Carnecchia - CEO Dave Lyle - CFO Conference Call Participants Chad Bennett - Craig-Hallum Owen Rickert - Northland Capital Markets Allen Klee - Maxim Group Operator Good day. And welcome to Mitek's Fiscal 2023 Fourth Quarter and Full Year Earnings Conference Call. All participants will be in listen-only mode [Operator Instructions]. Please note this event is being recorded. I ...