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Mitek Systems Inc - MITK STOCK NEWS

Welcome to our dedicated news page for Mitek Systems (Ticker: MITK), a resource for investors and traders seeking the latest updates and insights on Mitek Systems.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Mitek Systems's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Mitek Systems's position in the market.

Rhea-AI Summary
Mitek Systems, Inc. reports fiscal 2024 first quarter financial results with total revenue of $36.9 million, a GAAP operating loss of $6.9 million, and a non-GAAP net income of $6.3 million. Preliminary second quarter revenue is expected to be in the range of $46 million to $47 million. The company reiterates guidance for fiscal 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.71%
Tags
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Rhea-AI Summary
Mitek reports fiscal 2024 first quarter financial results with total revenue of $36.9 million, a GAAP operating loss of $6.9 million, and a non-GAAP net income of $6.3 million. The company also provides preliminary second quarter revenue results in the range of $46 million to $47 million, reiterating guidance for fiscal 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.71%
Tags
-
Rhea-AI Summary
Mitek (MITK) plans to release its fiscal 2024 first quarter financial results on April 15, 2024. They will host a conference call to discuss the results and publish an earnings press release on the same day. Investors can access the call and webcast through the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.2%
Tags
conferences earnings
Rhea-AI Summary
DataVisor partners with Mitek to enhance check fraud protection offerings for financial institutions by integrating Mitek's Check Fraud Defender with DataVisor's advanced AI and machine learning capabilities. The collaboration aims to provide real-time check fraud detection, minimize fraud losses, and increase operational efficiencies for FIs.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.27%
Tags
partnership
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Rhea-AI Summary
Mitek Systems, Inc. (MITK) received a decision from the Nasdaq Hearings Panel granting continued listing on the Nasdaq Capital Market, subject to filing the Q1 Form 10-Q by April 15, 2024, to comply with the Listing Rule. The company faced delisting due to not filing the Form 10-K on time.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.59%
Tags
none
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Rhea-AI Summary
Mitek Systems, Inc. reports a 19% increase in total revenue for fiscal 2023, with strong financial performance and profitability. The company reiterates guidance for fiscal 2024, showcasing growth drivers and commitment to innovation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.97%
Tags
Rhea-AI Summary
Mitek faces a delay in filing its Annual Report on Form 10-K due to transmittal issues with the SEC's EDGAR filing system. The company is working to resolve the problem and plans to proceed with an earnings release and call to discuss its fiscal 2023 fourth quarter and full-year financial results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.48%
Tags
-
Rhea-AI Summary
Mitek (MITK) to file its Annual Report on Form 10-K for fiscal year 2023, hosting a conference call to discuss financial results and earnings press release on March 19, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.18%
Tags
-
Rhea-AI Summary
Mitek Systems, Inc. (NASDAQ: MITK) launches MiControl, a fraud management console enhancing check fraud detection. MiControl boosts productivity by sixfold, reduces losses, and enhances online security for consumers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.81%
Tags
none
Rhea-AI Summary
Mitek Systems, Inc. received a Staff Determination from Nasdaq due to delays in filing financial reports, risking delisting. The Company plans to appeal and aims to regain compliance by filing the necessary reports.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.5%
Tags
none
Mitek Systems Inc

Nasdaq:MITK

MITK Rankings

MITK Stock Data

684.55M
42.19M
2.45%
77.52%
7.56%
Software Publishers
Information
Link
US
San Diego

About MITK

“accelerate the digital transformation of your business with digital identity verification."​mitek (nasdaq: mitk) is a global leader in mobile capture and digital identity verification solutions built on the latest advancements in ai and machine learning. mitek’s identity verification solutions enable an enterprise to verify a user’s identity during a digital transaction, which assists financial institutions, payments companies and other businesses operating in highly regulated markets in mitigating financial risk and meeting regulatory requirements while increasing revenue from digital channels. mitek also reduces the friction in the users’ experience with advanced data prefill and automation of the onboarding process. mitek’s innovative solutions are embedded into the apps of more than 6,100 organizations and used by more than 80 million consumers for mobile check deposit, new account opening and more. for more information, visit us at www.miteksystems.com