Mitek Reports 31% Revenue Growth in First Quarter Fiscal 2018
Mitek Systems, Inc. (MITK)
Last mitek systems, inc. earnings: 4/30 04:05 pm
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Source: GlobeNewswire
SAN DIEGO, Jan. 25, 2018 (GLOBE NEWSWIRE) -- Mitek (NASDAQ:MITK) (www.miteksystems.com), a global leader in mobile capture and digital identity verification software solutions, today announced its financial results for the first quarter of fiscal 2018 ended December 31, 2017. Fiscal First Quarter 2018 Financial Highlights Revenue increased 31% year over year to $12.1 million.GAAP net loss of $(5.7) million, or $(0.17) per share, includes an estimated one-time non-cash charge of $4.4 million, or $0.13 per share, related to the enactment of the Tax Cuts and Jobs Act. Excluding the impact of tax reform, net loss was $(1.3) million, or $(0.04) per share.Non-GAAP net income was $1.0 million, or $0.03 per diluted share, up 4%.Total cash and investments was $45.8 million at the end of the fiscal first quarter. Commenting on the results, James DeBello, Chairman and CEO of Mitek, said: “Our results for the fiscal first quarter reflect continued so
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MITK
Earnings
- 5/10/24 - Miss
MITK
Sec Filings
- 5/10/24 - Form 10-Q
- 4/24/24 - Form 8-K
- 4/17/24 - Form 8-K/A
- MITK's page on the SEC website