(USD) | Dec 2023 | Q/Q |
---|---|---|
Revenue | 36.9MM | -2% |
Operating Income | -6.9MM | - |
Operating Expenses | 43.8MM | - |
Net Income | -5.8MM | - |
R&D | 8.9MM | +37% |
G&A | 15.5MM | +18% |
Marketing | 9.9MM | -11% |
Amortization | 3.8MM | +4% |
Interest Expense | 2.3MM | -6% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
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Mitek Systems, Inc. (NASDAQ:MITK) Q1 2024 Earnings Call Transcript April 15, 2024 Mitek Systems, Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Hello, and welcome to Mitek’s Fiscal 2024 First Quarter Earnings Conference Call. All participants will be in […]
Astute investors become millionaires when certain possibilities in the stock market appear silently. These are three examples of quiet surges. These businesses are profiting from changing market trends, such as semiconductor advancements, identity verification technology and the shift to renewable energy sources, even if they don’t often make headlines. Silent millionaire maker stocks aren’t always obvious picks or big names, but they can offer tremendous opportunity for savvy investors. Of the
Mitek Systems (MITK) registers a top-line decline of 19% year over year in the first quarter of fiscal 2024 due to tough year-over-year comparisons.
Q1 2024 Mitek Systems Inc Earnings Call
First Quarter Earnings Show Challenges; Company Reaffirms Full-Year Guidance
Amidst revenue decline and a GAAP net loss, Mitek Systems Inc (MITK) shows resilience with identity revenue growth and positive outlook for Check Fraud Defender.
SAN DIEGO, April 16, 2024--Please replace the release dated April 15, 2024, with the following corrected version due to revisions to the sixth and seventh bulleted sentences, and to the first sentence of Conference Call Information.
SAN DIEGO, April 15, 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 first quarter ended December 31, 2023, and provided select preliminary results for its second quarter ended March 31, 2024. Mitek also reiterated its previously provided guidance for its 2024 fiscal year ending September 30, 2024.
SAN DIEGO, April 12, 2024--Mitek (NASDAQ: MITK, www.miteksystems.com), a global leader in digital identity and digital fraud prevention, today announced that it intends to file its fiscal 2024 first quarter 10-Q report after the close of the market on Monday, April 15, 2024, and host a conference call and live webcast for analysts and investors at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) that day to discuss the company's financial results for its fiscal 2024 first quarter ended December 3
SAN DIEGO, April 03, 2024--Mitek Systems, Inc. (Nasdaq: MITK, www.miteksystems.com, "Mitek" or the "Company"), a global leader in digital identity and digital fraud prevention, today reported that on April 1, 2024, the Company received a decision from the Nasdaq Hearings Panel (the "Panel") granting the Company’s request for continued listing on the Nasdaq Capital Market, subject to the Company filing its Quarterly Report on Form 10-Q for the quarter ended December 31, 2023 ("Q1 Form 10-Q"), on