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Stock impact report

Mitek Reports Fiscal 2025 First Quarter Financial Results [Yahoo! Finance]

Mitek Systems, Inc. (MITK) 
Last mitek systems, inc. earnings: 4/30 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.miteksystems.com
Company Research Source: Yahoo! Finance
In This Article MITK Raises Lower-End of Adjusted EBITDA Margin Guidance Range for Fiscal 2025 SAN DIEGO, February 10, 2025 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 Show less Read more
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