| Mitek Systems, Inc. (MITK) Q2 2025 Earnings Call Transcript |
Mitek Systems, Inc. (NASDAQ:MITK ) Q2 2025 Earnings Conference Call May 8, 2025 5:00 PM ET Company Participants Todd Kehrli - Investor Relations, PondelWilkinson Ed West - Chief Executive Officer Dave Lyle - Chief Financial Officer Conference Call Participants Jake Roberge - William Blair Derek Greenberg - Maxim Group LLC Operator Good afternoon and welcome to the Mitek's Fiscal 2025 Second Quarter Earnings Conference Call. All participants will be in listen-only mode. |
seekingalpha.com |
2025-05-09 03:43:06 |
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| Compared to Estimates, Mitek Systems (MITK) Q2 Earnings: A Look at Key Metrics |
The headline numbers for Mitek Systems (MITK) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals. |
zacks.com |
2025-05-09 00:00:37 |
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| Mitek Systems (MITK) Q2 Earnings and Revenues Top Estimates |
Mitek Systems (MITK) came out with quarterly earnings of $0.36 per share, beating the Zacks Consensus Estimate of $0.26 per share. This compares to earnings of $0.24 per share a year ago. |
zacks.com |
2025-05-08 23:25:43 |
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| Mitek Appoints Industry Expert Garrett Gafke as Chief Operating Officer to Accelerate Growth and Innovation |
SAN DIEGO--(BUSINESS WIRE)--Mitek Systems, Inc. (NASDAQ: MITK), a global leader in digital identity verification, fraud prevention, and biometrics, today announced the appointment of Garrett Gafke as Chief Operating Officer. A recognized entrepreneur and Fortune 500 executive, Mr. Gafke brings decades of experience scaling and transforming technology businesses across risk, fraud, and digital identity. As part of Mitek's strategy to accelerate growth through innovation and operational excellenc. |
businesswire.com |
2025-04-28 12:00:00 |
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| Mitek to Report Fiscal 2025 Second Quarter Financial Results on May 8, 2025 |
SAN DIEGO--(BUSINESS WIRE)--Mitek Systems, Inc. (NASDAQ: MITK), a global leader in digital identity verification, mobile capture, and fraud management, today announced that it will release its financial results for the second quarter of the fiscal year 2025, which ended March 31, 2025, after the U.S. market closes on Thursday, May 8, 2025. Mitek will discuss the results during a conference call and live webcast at 2:00 p.m. Pacific time (5:00 p.m. Eastern time). Mitek CEO Ed West and CFO Dave L. |
businesswire.com |
2025-04-24 20:05:00 |
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| Mitek Systems: Secular Growth Opportunity From AI-Based Threat |
MITK, a digital identity verification software company, faces a secular growth opportunity driven by rising AI-based identity fraud, particularly benefiting its new product, Check Fraud Defender (CFD). Despite recent underperformance, I assign MITK a buy rating with a $10.6 target price, projecting a 15% upside by FY 2025. Slowed revenue growth resulting in net losses created appearance of underperformance due to revenue timing issues. But no meaningful structural issues exist. Balance sheet remains strong. |
seekingalpha.com |
2025-03-08 10:22:00 |
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| ID R&D Delivers Industry Leading Liveness Results in U.S. Homeland Security Evaluation of Remote Identity Validation Systems |
SAN DIEGO--(BUSINESS WIRE)-- #DHS--ID R&D, a Mitek Systems company, excelled in the DHS Science and Technology Directorate's evaluation of remote identity validation systems. |
businesswire.com |
2025-02-18 12:00:00 |
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| Mitek Systems, Inc. (MITK) Q1 2025 Earnings Call Transcript |
Mitek Systems, Inc. (NASDAQ:MITK ) Q1 2025 Earnings Conference Call February 10, 2025 5:00 PM ET Company Participants Todd Kehrli - Investor Relations, PondelWilkinson Ed West - Chief Executive Officer Dave Lyle - Chief Financial Officer Conference Call Participants Jake Roberge - William Blair Mike Grondahl - Northland Securities Allen Klee - Maxim Group Surinder Thind - Jefferies Operator Good afternoon, and welcome to the Mitek Fiscal 2025 First Quarter Earnings Conference Call. All participants will be in listen-only mode. |
seekingalpha.com |
2025-02-10 22:19:06 |
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| Mitek Systems (MITK) Beats Q1 Earnings and Revenue Estimates |
Mitek Systems (MITK) came out with quarterly earnings of $0.15 per share, beating the Zacks Consensus Estimate of $0.13 per share. This compares to earnings of $0.14 per share a year ago. |
zacks.com |
2025-02-10 20:36:09 |
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| Mitek Reports Fiscal 2025 First Quarter Financial Results |
SAN DIEGO--(BUSINESS WIRE)--Mitek Systems, Inc. (NASDAQ: MITK, www.miteksystems.com, “Mitek” or the “Company”), a global leader in digital identity verification, mobile capture and fraud management, today reported financial results for its first quarter ended December 31, 2024 and raised the lower end of its Adjusted EBITDA margin guidance range for its fiscal 2025 full year ending September 30, 2025 (“fiscal 2025”). “We delivered a solid first quarter, with results ahead of our expectations in. |
businesswire.com |
2025-02-10 18:05:00 |
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| CSI Launches Advanced Check Fraud Detection Tool in Partnership With Mitek Systems |
PADUCAH, Ky.--(BUSINESS WIRE)--CSI's new solution equips bank tellers with real-time check fraud detection capabilities and more. |
businesswire.com |
2025-02-06 11:30:00 |
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| Mitek Systems Announces Mark Rossi as a Nominee to its Board of Directors |
SAN DIEGO--(BUSINESS WIRE)-- #BoardOfDirectors--Mitek Systems, Inc. (NASDAQ: MITK), a global leader in digital identity verification, mobile capture, and fraud management, today announced the nomination of Mark Rossi to its board of directors. Mr. Rossi will also serve as a member of the board's audit committee, pending shareholder approval at the company's upcoming annual meeting. Mr. Rossi brings over four decades of strategic, financial, and operational expertise, having served on the boards of approximately 25. |
businesswire.com |
2025-01-28 20:14:00 |
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| Mitek to Report Fiscal 2025 First Quarter Financial Results on February 10, 2025 |
SAN DIEGO--(BUSINESS WIRE)--Mitek Systems, Inc. (NASDAQ: MITK), a global leader in digital identity verification, mobile capture and fraud management, today announced that it will conduct a conference call on Monday, February 10th at 2:00 p.m. Pacific time (5:00 p.m. Eastern time) to discuss its financial results for the fiscal first quarter ended December 31, 2024. The financial results will be issued in a press release before the call. Mitek CEO Ed West and CFO Dave Lyle will host the call, f. |
businesswire.com |
2025-01-22 08:30:00 |
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| Mitek to Participate in the 27th Annual Needham Growth Conference on January 14, 2025 |
SAN DIEGO--(BUSINESS WIRE)--Mitek Systems, Inc. (NASDAQ: MITK), a global leader in digital identity verification, mobile capture and fraud management, today announced that it will participate in the 27th Annual Needham Growth Conference on January 14th in New York. Ed West, CEO, and Dave Lyle, CFO, will host one-on-one meetings with investors that day. To schedule a meeting with the Company, please contact your representative at Needham or MKR Investor Relations. Mitek (NASDAQ: MITK) is a globa. |
businesswire.com |
2024-12-19 08:30:00 |
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| Mitek: Guidance Not Bad When Considering SaaS Mix Growth |
Mitek's strong quarter featured impressive cost control and solid revenue growth, particularly in Check Fraud Defender and ID products. Check Fraud Defender's annualized contract value grew nearly 60% year-over-year, with expectations to double in fiscal 2025, a basis for sustained CFD revenue growth. Operating expenses have decreased considerably, and Mitek is focused on high-return growth opportunities, including M&A to enhance their technology stack and product offerings. |
seekingalpha.com |
2024-12-17 18:35:59 |
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| Mitek Systems Beats Q4 Earnings and Revenue Estimates, Stock Up |
MITK's Q4 top and bottom lines top estimates and rise year over year. The company aims to boost revenues and reduce costs by streamlining redundancies. |
zacks.com |
2024-12-17 12:40:56 |
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| Mitek Systems Earnings: Strong Q4 Results Propel Stock Higher |
Mitek Systems is a cyber fraud player with strong free cash flow, trading at a compelling 15x forward free cash flow valuation. The new CEO's strategic initiatives and potential double-digit revenue growth by fiscal 2026 could drive significant upside. The company's robust EBITDA margins and manageable net debt position support the bullish outlook. |
seekingalpha.com |
2024-12-17 12:18:32 |
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| Mitek Systems, Inc. (MITK) Q4 2024 Earnings Call Transcript |
Mitek Systems, Inc. (NASDAQ:MITK ) Q4 2024 Earnings Conference Call December 17, 2024 5:00 PM ET Company Participants Todd Kehrli - Investor Relations, MKR Investor Relations Ed West - Chief Executive Officer Dave Lyle - Chief Financial Officer Conference Call Participants Jake Roberge - William Blair Mike Grondahl - Northland Systems George Sutton - Craig-Hallum Allen Klee - Maxim Group, LLC Surinder Thind - Jefferies Operator Good day, and welcome to Mitek's Fiscal 2024 Fourth Quarter and Year-End Earnings Conference Call. All participants will be in a listen-only mode. |
seekingalpha.com |
2024-12-16 23:08:50 |
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| Mitek Systems (MITK) Surpasses Q4 Earnings and Revenue Estimates |
Mitek Systems (MITK) came out with quarterly earnings of $0.33 per share, beating the Zacks Consensus Estimate of $0.17 per share. This compares to earnings of $0.15 per share a year ago. |
zacks.com |
2024-12-16 20:21:16 |
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| Mitek Reports Fiscal 2024 Fourth Quarter and Full Year Financial Results and Provides Guidance for Fiscal 2025 |
SAN DIEGO--(BUSINESS WIRE)--Mitek Systems, Inc. (NASDAQ: MITK, www.miteksystems.com, “Mitek” or the “Company”), a global leader in digital identity verification, mobile capture and fraud management, today reported financial results for its fourth quarter ended September 30, 2024 and provided guidance for its 2025 fiscal year ending September 30, 2025. “We reported a solid quarter of year over year revenue growth, profitability and cash generation driven by our team's hard work and operational f. |
businesswire.com |
2024-12-16 18:05:00 |
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| Mitek's Digital Fraud Defender Protects Digital Identity Verification |
MITK unveils the DFD tool (available with the Mitek Verified Identity Platform) to aid businesses in combating GenAI-driven identity fraud, including deepfakes. |
zacks.com |
2024-12-09 11:40:18 |
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| Mitek to Report Fiscal 2024 Fourth Quarter and Full Year Financial Results on December 16, 2024 |
SAN DIEGO--(BUSINESS WIRE)--Mitek Systems, Inc. (NASDAQ: MITK), a global leader in digital identity verification, mobile capture and fraud management, today announced that it will conduct a conference call on Monday, December 16th, at 2:00 p.m. Pacific time (5:00 p.m. Eastern time) to discuss its financial results for the fiscal fourth quarter and full year ended September 30, 2024. The financial results will be issued in a press release prior to the call. Mitek CEO Ed West and CFO Dave Lyle wi. |
businesswire.com |
2024-12-03 19:04:00 |
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| Mitek Appoints James Fay to Board of Directors |
SAN DIEGO--(BUSINESS WIRE)--Mitek Systems, Inc. (NASDAQ: MITK), a global leader in digital identity verification, mobile capture and fraud management, today announced the appointment of James (“J.D.”) Fay to its board of directors. Mr. Fay will also serve as a member of the board's audit committee. Mr. Fay, who currently serves as Chief Financial Officer at Matterport, Inc. (NASDAQ: MTTR), brings over two decades of financial strategy and operational expertise to Mitek, having played a key role. |
businesswire.com |
2024-10-22 20:05:00 |
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| Mitek Appoints Edward H. West as CEO |
SAN DIEGO--(BUSINESS WIRE)--Mitek Systems, Inc. (“Mitek” or the “Company”) (NASDAQ: MITK), a global leader in digital identity verification, mobile capture and fraud management, today announced the appointment of Ed West as Chief Executive Officer and a member of the Board of Directors, effective immediately. Scott Carter, who has served as Interim CEO since June 2024, will serve as non-executive Chairman of the Board of Directors. “We are thrilled to welcome Ed to Mitek Systems,” said Scott Ca. |
businesswire.com |
2024-10-01 20:06:00 |
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| Mitek Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4) |
SAN DIEGO--(BUSINESS WIRE)--Mitek Systems, Inc. (NASDAQ: MITK), a global leader in digital identity verification, mobile capture, and fraud management solutions, announced today it granted equity awards as a material inducement to the employment of the company's newly-hired Chief Executive Officer, Edward H. West. The overarching philosophy in the design of Mr. West's compensation package was an emphasis on equity-based compensation directly tied to building stockholder value in lieu of signifi. |
businesswire.com |
2024-10-01 20:05:00 |
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| Mitek Systems (MITK) & Alogent Team Up to Combat Check Fraud |
Mitek Systems (MITK) strengthens its collaboration with Alogent to empower financial institutions with a robust defense against check fraud. |
zacks.com |
2024-08-22 15:10:49 |
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| Alogent and Mitek Announce Partnership to Tackle Ballooning Check Fraud Epidemic |
SAN DIEGO--(BUSINESS WIRE)--Mitek Systems, Inc. (NASDAQ: MITK), a global leader in digital identity and fraud prevention, announces the expansion of their partnership with Alogent. Alogent will integrate Mitek's Check Fraud Defender (CFD) into its web-based enterprise deposits automation solution, Unify. According to the annual Federal Reserve Financial Services Survey, in the United States, forms of check fraud including forgery and counterfeiting account for 31% of all bank fraud. In fact, in. |
businesswire.com |
2024-08-21 12:05:00 |
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| Mitek: At Least The Convertibles Might Stay Unexercised |
Hope for business is not coming through or getting delayed as much as 18 months, causing a revenue shortfall. There might be some pick-up coming in thanks to a deepfake protection product that is coming to market imminently. Another positive is that considerable outstanding dilution from convertibles with a conversion price of over $20 likely doesn't get exercised before the 2026 expiry. |
seekingalpha.com |
2024-08-19 10:12:13 |
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| Mitek Systems (MITK) Misses Q3 Earnings and Revenue Estimates |
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. |
zacks.com |
2024-08-09 00:11:20 |
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| Alpha Picks: 3 Solid Stocks With 10X Potential |
Listing top stock picks with high growth potential is about mining opportunities. It's about strategic and sharp investment decision-making. |
investorplace.com |
2024-07-18 15:48:02 |
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| 7 AI Stocks in Overlooked Sectors That Are Ready to Shine |
If you missed out on major AI stocks like Nvidia (NASDAQ: NVDA ) and Palantir (NYSE: PLTR ) this year, don't worry. There are still plenty of opportunities in the AI sector, particularly among smaller companies that have yet to catch the market's attention. |
investorplace.com |
2024-07-18 10:42:00 |
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| 3 Silent Stocks Set to Surprise Investors With 10X Growth |
Finding cheap growth stocks in today's changing market offers investors looking for significant returns a strong chance. The main emphasis is the strategic examination of three businesses that exemplify this potential. |
investorplace.com |
2024-07-04 12:00:00 |
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| Mitek Wins 2024 Artificial Intelligence Breakthrough Award |
SAN DIEGO--(BUSINESS WIRE)-- #AIinnovation--Mitek Systems, Inc. (NASDAQ: MITK) has been named winner of the Authentication Innovation Award in the seventh annual AI Breakthrough Awards program conducted by AI Breakthrough, a leading market intelligence organization that recognizes the top companies, technologies and products in the global artificial intelligence (AI) market. Mitek's MiPass® represents a significant advancement in biometric authentication technology. Using a unique combination of face and voice. |
businesswire.com |
2024-06-26 16:03:00 |
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