NasdaqCM - Nasdaq Real Time Price • USD Mitek Systems, Inc. (MITK) Follow Compare 10.21 +0.06 +(0.59%) At close: 4:00:01 PM EST 10.21 0.00 (0.00%) After hours: 4:03:03 PM EST All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Mitek Systems, Inc.'s (NASDAQ:MITK) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue? Most readers would already be aware that Mitek Systems' (NASDAQ:MITK) stock increased significantly by 29% over the... Mitek to Participate in the 27th Annual Needham Growth Conference on January 14, 2025 SAN DIEGO, December 19, 2024--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. Are Investors Undervaluing Mitek Systems, Inc. (NASDAQ:MITK) By 43%? Key Insights Mitek Systems' estimated fair value is US$19.12 based on 2 Stage Free Cash Flow to Equity Mitek Systems... Mitek Systems price target raised to $13 from $11 at H.C. Wainwright H.C. Wainwright analyst Scott Buck raised the firm’s price target on Mitek Systems (MITK) to $13 from $11 and keeps a Buy rating on the shares following the fiscal Q4 report. The firm appreciates the improved transparency within the earnings results and management’s conference call discussion, but believes Mitek ‘s visibility “remains somewhat challenging.” However, should investors begin to see proof of execution over the coming quarters the shares to respond favorably, the analyst tells invest Mitek Systems Reports Strong Q4 Performance Mitek Systems ( (MITK) ) has released its Q4 earnings. Here is a breakdown of the information Mitek Systems presented to its investors. Mitek Systems, Inc., a global leader in digital identity verification and fraud management, offers advanced technology solutions to enhance digital access and security for enterprises worldwide. The company recently reported its financial results for the fourth quarter and full fiscal year 2024, showcasing strong revenue growth and improved profitability. The co 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. Mitek Systems Inc (MITK) Q4 2024 Earnings Call Highlights: Strong Revenue Growth and Strategic ... Mitek Systems Inc (MITK) reports a 15% revenue increase in Q4 2024, with a strategic emphasis on organic growth and innovation to combat fraud. Mitek Systems (MITK) Surpasses Q4 Earnings and Revenue Estimates Mitek Systems (MITK) delivered earnings and revenue surprises of 94.12% and 4.94%, respectively, for the quarter ended September 2024. Do the numbers hold clues to what lies ahead for the stock? Mitek Systems: Fiscal Q4 Earnings Snapshot The San Diego-based company said it had profit of 18 cents per share. Earnings, adjusted for one-time gains and costs, came to 33 cents per share. The results exceeded Wall Street expectations. Mitek Reports Fiscal 2024 Fourth Quarter and Full Year Financial Results and Provides Guidance for Fiscal 2025 SAN DIEGO, December 16, 2024--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. 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. Mitek Unveils Digital Fraud Defender: Next-Gen Defense Against Deepfakes and Emerging Digital Frauds SAN DIEGO, December 05, 2024--Mitek Systems, Inc. (NASDAQ: MITK), a global leader in digital identity verification, mobile capture and fraud management, today announced Digital Fraud Defender (DFD), an advanced, multi-layered solution to safeguard digital identity verification processes against sophisticated AI-enabled fraud tactics. Designed for financial institutions, fintech, online gaming providers, and enterprises requiring remote identity verification, the new suite addresses the urgent an Mitek to Report Fiscal 2024 Fourth Quarter and Full Year Financial Results on December 16, 2024 SAN DIEGO, December 03, 2024--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. With 76% ownership, Mitek Systems, Inc. (NASDAQ:MITK) boasts of strong institutional backing Key Insights Significantly high institutional ownership implies Mitek Systems' stock price is sensitive to their... Is Mitek Systems, Inc. (MITK) the Best Oversold Tech Stock to Buy Right Now? We recently compiled a list of the 10 Oversold Tech Stocks To Buy Right Now. In this article, we are going to take a look at where Mitek Systems, Inc. (NASDAQ:MITK) stands against the other oversold tech stocks. In an interview with CNBC on September 30, Dave Sekera, Chief Market Strategist at Morningstar, shared his insights […] Mitek Appoints James Fay to Board of Directors SAN DIEGO, October 22, 2024--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 Mitek Systems Inc (MITK) Q3 2024 Earnings Call Highlights: Revenue Growth Amidst Identity ... Mitek Systems Inc (MITK) reports a 4% revenue increase, driven by mobile check deposits, while facing setbacks in identity product revenue and revised fiscal outlook. Mitek Appoints Edward H. West as CEO SAN DIEGO, October 01, 2024--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. Mitek Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4) SAN DIEGO, October 01, 2024--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. 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. Performance Overview Trailing total returns as of 1/14/2025, which may include dividends or other distributions. Benchmark is S&P 500 Return MITK S&P 500 YTD -9.57% -1.08% 1-Year -15.48% +22.14% 3-Year -37.86% +25.41%