Mitek Reports Record Fourth Quarter Revenue, Up 63% Year Over Year
Mitek Systems, Inc. (MITK)
Last mitek systems, inc. earnings: 4/30 04:05 pm
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Source: GlobeNewswire
SAN DIEGO, Nov. 01, 2018 (GLOBE NEWSWIRE) -- Mitek (NASDAQ: MITK, www.miteksystems.com), a global leader in mobile capture and digital identity verification solutions, today announced its financial results for the fourth quarter of fiscal 2018 and the full year ended September 30, 2018. Fiscal Fourth Quarter 2018 Financial Highlights Fourth quarter revenue increased 63% year over year to a record $21.0 million.Fourth quarter GAAP net loss of $(2.1) million, or $(0.06) per share.Fourth quarter non-GAAP net income of $5.7 million, or $0.14 per diluted share. Fiscal 2018 Full Year Financial Highlights Full year revenue increased 40% year over year to a record $63.6 million.Full year GAAP net loss of $(11.8) million, or $(0.33) per share.Full year non-GAAP net income of $11.0 million, or $0.29 per diluted share.Full year cash flow from operations was $4.2 million.Total cash and investments of $17.5 million at the end of the fiscal 2018. Commenting on the results, Bruce Hansen, Chai
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MITK
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- 3/20/24 - HC Wainwright
MITK
Sec Filings
- 4/15/24 - Form 10-Q
- 4/15/24 - Form 8-K
- 4/3/24 - Form 8-K
- MITK's page on the SEC website