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Mitek Sys Inc - MITK STOCK NEWS

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

Mitek Systems, Inc. (NASDAQ: MITK) is a global leader in mobile capture and digital identity verification solutions driven by advancements in artificial intelligence and machine learning. Serving over 7,800 financial services organizations and leading fintech brands globally, Mitek's innovative solutions are integrated into the apps of more than 6,100 enterprises and used by over 80 million consumers.

Mitek specializes in developing proprietary software solutions that enhance digital transactions. The firm's core products include Mobile Deposit, which allows consumers to deposit checks using their mobile devices, and Mobile Verify, which verifies user identities online, aiding organizations in building safer digital communities. Additionally, Mitek's CheckReader automatically extracts data from check images received through various deposit channels such as branches, ATMs, RDC, and mobile.

By offering advanced identity verification solutions, Mitek assists financial institutions, payment companies, and businesses in highly regulated markets to mitigate financial risk and comply with regulatory requirements. The company also enhances user experience through advanced data prefill and automation of the onboarding process.

To learn more about Mitek Systems, Inc. and stay updated with the latest news, visit www.miteksystems.com.

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Mitek to host conference call and webcast to discuss fiscal 2023 third quarter financial results
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Mitek appoints Gillian Channer as Vice President of Identity Product Management
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Concerned stockholders issue open letter to Mitek Systems, Inc.
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Mitek to participate in Maxim Group 2023 Virtual Tech Conference Series
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Mitek Systems partners with Equifax to enhance identity verification and prevent fraud
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Mitek teams up with Equifax to take on emerging digital fraud threats and protect online consumers and businesses
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Mitek Systems reports strong Q2 results with a 35% YoY increase in total revenue to $45.3 million. GAAP net income was $4.4 million. Non-GAAP net income was $13.1 million. Total revenue for the first six months of fiscal 2023 increased 38% YoY to $91.0 million. CEO expects revenue growth in H2 to moderate due to timing of deals and macroeconomic environment.
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Mitek to release Q2 2023 financial results on September 14, 2023
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Mitek Systems reports 41% YoY increase in total revenue for Q1 2023, reaching $45.7 million. Non-GAAP net income at $14.3 million. Raises fiscal 2023 revenue guidance to $169.0 million to $171.0 million, an 18% YoY increase. Conference call scheduled for September 14th to discuss first half performance.
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FAQ

What is the current stock price of Mitek Sys (MITK)?

The current stock price of Mitek Sys (MITK) is $9.37 as of February 28, 2025.

What is the market cap of Mitek Sys (MITK)?

The market cap of Mitek Sys (MITK) is approximately 424.4M.

What does Mitek Systems, Inc. do?

Mitek Systems, Inc. specializes in mobile capture and digital identity verification solutions using artificial intelligence and machine learning.

Which industries does Mitek serve?

Mitek serves financial institutions, payment companies, and other businesses operating in highly regulated markets.

What are the main products of Mitek?

Mitek's main products include Mobile Deposit, Mobile Verify, and CheckReader.

How many organizations use Mitek's solutions?

Over 7,800 financial services organizations and fintech brands use Mitek's solutions.

How many consumers use Mitek's solutions?

More than 80 million consumers use Mitek's solutions.

What is Mitek's Mobile Deposit?

Mobile Deposit is a solution that allows consumers to deposit checks using their mobile devices.

What does Mitek’s Mobile Verify do?

Mobile Verify verifies a user's identity online, helping organizations build safer digital communities.

How does CheckReader benefit financial institutions?

CheckReader automatically extracts data from check images received through branches, ATMs, RDC, and mobile channels.

Why do businesses use Mitek's solutions?

Businesses use Mitek's solutions to mitigate financial risk, comply with regulatory requirements, and enhance user experience.

Where can I find more information about Mitek Systems, Inc.?

For more information, visit Mitek's official website at www.miteksystems.com.
Mitek Sys Inc

Nasdaq:MITK

MITK Rankings

MITK Stock Data

424.39M
44.22M
2.95%
77.93%
8.17%
Software - Application
Computer Peripheral Equipment, Nec
Link
United States
SAN DIEGO