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08.05.25 - 22:06
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Mitek Reports Record Fiscal 2025 Second Quarter Financial Results (Business Wire)
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Raises Adjusted EBITDA Margin Guidance Range for Fiscal 2025
Secures Term Loan Facility to Retire 2026 Convertible Notes
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 second quarter ended March 31, 2025 and raised its adjusted EBITDA margin guidance range for its fiscal 2025 full year ending September 30, 2025 (“fiscal 2025”).
“Mitek delivered a strong second quarter, achieving all-time record revenue and record profitability, underscoring our continued momentum,” said Ed West, Mitek's CEO. “SaaS revenue growth was particularly strong, increasing 15% year over year, as customers increasingly rely on our Identity Verification and Fraud solutions to address real-world challenges with speed and precision. At the same time, we are building a more agile Mitek, strengthening our foundation, and deepeni...
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28.04.25 - 14:06
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Mitek Appoints Industry Expert Garrett Gafke as Chief Operating Officer to Accelerate Growth and Innovation (Business Wire)
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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 excellence, the appointment of Mr. Gafke represents a pivotal forward step. A proven leader in category-defining technology, he joins the executive team with a clear mandate: to streamline operations, accelerate innovation, and expand the company's position as a global leader in digital identity verification and fraud prevention.
“We are thrilled to have Garrett join the team as our Chief Operating Officer. His proven expertise will be instrumental in optimizing our product development, bolstering our data and analytics ...
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24.04.25 - 22:06
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Mitek to Report Fiscal 2025 Second Quarter Financial Results on May 8, 2025 (Business Wire)
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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 Lyle will host the call, followed by a question and answer session.
Conference Call and Webcast Information
Event: Mitek's Second Quarter Fiscal Year 2025 Financial Results
Date: Thursday, May 8, 2025
Time: 2:00 p.m. Pacific time (5:00 p.m. Eastern time)
We encourage participants to pre-register for the conference call by clicking here.
Those who pre-register will be given a unique PIN to gain immediate access to the call, bypassing the live operator. Participants may pre-register at any time, including before and a...
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10.02.25 - 22:06
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Mitek Reports Fiscal 2025 First Quarter Financial Results (Business Wire)
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Raises Lower-End of Adjusted EBITDA Margin Guidance Range for Fiscal 2025SAN 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 our SaaS products, which grew 29% year over year, offset by year-over-year variances in software license sales,” said Ed West, Mitek's CEO. “We are encouraged by the performance of our Identity product portfolio, the continued resilience of our Deposit solutions, and the accelerating momentum of our fraud offerings. Our cultural and technological integration efforts are now well underway, which we believe are strengthening t...
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