Mitek Systems, Inc. - Common Stock (MITK)

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”).

In response to the rise in check fraud incidents across the country, CSI, a leading provider of end-to-end financial software and technology, today announced the launch of its proprietary check fraud detection solution for NuPoint® customers. Enabled by Mitek Systems, the solution equips bank tellers with real-time check fraud detection capabilities. Alternative deposit methods completed through all other channels are evaluated collectively overnight.

Mitek Systems, Inc. (NASDAQMITK), a global leader in digital identity verification, mobile capture, and fraud management, today announced the nomination of Mark Rossi to its board of directors. Mr. Rossi will also serve as a member of the board’s audit committee, pending shareholder approval at the company’s upcoming annual meeting.

Mitek Systems, Inc. (NASDAQMITK), a global leader in digital identity verification, mobile capture and fraud management, today announced that it will conduct a conference call on Monday, February 10th at 2:00 p.m. Pacific time (5:00 p.m. Eastern time) to discuss its financial results for the fiscal first quarter ended December 31, 2024. The financial results will be issued in a press release before the call.

Mitek Systems, Inc. (NASDAQMITK), a global leader in digital identity verification, mobile capture and fraud management, today announced that it will participate in the 27th Annual Needham Growth Conference on January 14th in New York.

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 fourth quarter ended September 30, 2024 and provided guidance for its 2025 fiscal year ending September 30, 2025.

Mitek Systems, Inc. (NASDAQMITK), a global leader in digital identity verification, mobile capture and fraud management, today announced Digital Fraud Defender (DFD), an advanced, multi-layered solution to safeguard digital identity verification processes against sophisticated AI-enabled fraud tactics. Designed for financial institutions, fintech, online gaming providers, and enterprises requiring remote identity verification, the new suite addresses the urgent and growing challenges posed by generative AI’s potential to create highly realistic fake images, documents, and videos.

Mitek Systems, Inc. (NASDAQMITK), a global leader in digital identity verification, mobile capture and fraud management, today announced that it will conduct a conference call on Monday, December 16th, at 2:00 p.m. Pacific time (5:00 p.m. Eastern time) to discuss its financial results for the fiscal fourth quarter and full year ended September 30, 2024. The financial results will be issued in a press release prior to the call.

Mitek Systems, Inc. (NASDAQMITK), a global leader in digital identity verification, mobile capture and fraud management, today announced the appointment of James (“J.D.”) Fay to its board of directors. Mr. Fay will also serve as a member of the board’s audit committee. Mr. Fay, who currently serves as Chief Financial Officer at Matterport, Inc. NASDAQ: MTTRNASDAQMTTR)

Mitek Systems, Inc. (“Mitek” or the “Company”) (NASDAQMITK), a global leader in digital identity verification, mobile capture and fraud management, today announced the appointment of Ed West as Chief Executive Officer and a member of the Board of Directors, effective immediately. Scott Carter, who has served as Interim CEO since June 2024, will serve as non-executive Chairman of the Board of Directors.

Mitek Systems, Inc. (NASDAQMITK), a global leader in digital identity verification, mobile capture, and fraud management solutions, announced today it granted equity awards as a material inducement to the employment of the company’s newly-hired Chief Executive Officer, Edward H. West.

Mitek Systems, Inc. (NASDAQMITK), a global leader in digital identity and fraud prevention, announces the expansion of their partnership with Alogent. Alogent will integrate Mitek’s Check Fraud Defender (CFD) into its web-based enterprise deposits automation solution, Unify.

Mitek Systems Inc. (NASDAQMITK) has been named the winner of the prestigious Best Transaction Fraud Monitoring and Decisioning Innovation category in the 2024 Datos Insights’ Fraud & AML Impact Awards. This recognition solidifies Mitek’s position as an industry leader in fraud detection in financial services, particularly for its groundbreaking product, Check Fraud DefenderTM (CFD).

Mitek Systems, Inc. (NASDAQ: MITK, www.miteksystems.com, “Mitek” or the “Company”), a global leader in digital identity and fraud prevention, today reported financial results for its third quarter ended June 30, 2024 and revised its previously provided guidance for its 2024 fiscal year ending September 30, 2024.

Mitek (NASDAQ: MITK, www.miteksystems.com), a global leader in digital identity and digital fraud prevention, today announced that it will conduct a conference call on Thursday, August 8th at 2:00 p.m. Pacific time (5:00 p.m. Eastern time) to discuss its financial results for the fiscal third quarter ended June 30, 2024. The financial results will be issued in a press release prior to the call.

Mitek Systems, Inc. (NASDAQMITK) has been named winner of the Authentication Innovation Award in the seventh annual AI Breakthrough Awards program conducted by AI Breakthrough, a leading market intelligence organization that recognizes the top companies, technologies and products in the global artificial intelligence (AI) market.

Mitek Systems, Inc. (NASDAQMITK), a global leader in digital identity and digital fraud prevention announced today its inclusion in the 2024 AIFinTech100. The list, published by FinTech Global, recognizes the world’s most innovative AI solution providers for financial services.

ID R&D, a Mitek Systems company, and a leading provider of AI-driven biometric solutions, is pleased to announce the issuance of a new patent by the United States Patent and Trademark Office for the Method and Device for Unlocking a User Device by Voice (US 11,941,097 B2). The granting of this patent marks a significant milestone in our commitment to advancing human-computer interaction. It also reflects our team's dedication to excellence and reinforces our position at the forefront of voice authentication technology.

Mitek Systems, Inc. (NASDAQ: MITK, www.miteksystems.com, “Mitek” or the “Company”), a global leader in digital identity and digital fraud prevention, today announced that its Board of Directors has authorized a two year share repurchase program for up to $50 million of its common stock.

Mitek Systems, Inc. (NASDAQ: MITK, www.miteksystems.com, “Mitek” or the “Company”), a global leader in digital identity and fraud prevention, today reported financial results for its second quarter ended March 31, 2024, and reiterated its previously provided guidance for its 2024 fiscal year ending September 30, 2024.

Mitek (NASDAQ: MITK, www.miteksystems.com, “Mitek” or the “Company”), a global leader in digital identity and digital fraud prevention, today announced that the Company’s Board of Directors has appointed Scott Carter as Interim CEO, effective June 1, 2024. The Company will terminate the employment of Mitek’s current CEO, Max Carnecchia, on May 31, 2024. At the request of the Board, Mr. Carnecchia will remain a member of the Board of Directors and be available to assist with the CEO transition process. The Board has engaged the services of a leading global executive search firm and has commenced the search for a new CEO.

Mitek (NASDAQ: MITK, www.miteksystems.com, “Mitek” or the “Company”), a global leader in digital identity and digital fraud prevention, today announced that it intends to file its Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2024 after the close of the market on Friday, May 10, 2024 and host a conference call and live webcast for analysts and investors on Monday, May 13, 2024, at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss the Company's financial results for its fiscal 2024 second quarter ended March 31, 2024. The Company will also publish an earnings press release for its fiscal 2024 second quarter on Monday, May 13, 2024 before the earnings call.

Just over three-quarters (76%) of banks surveyed believe fraud cases and scams have become more1 sophisticated, according to the new Mitek Systems, Inc. (NASDAQMITK) Identity Intelligence Index 2024 conducted in January 2024. Financial institutions (FIs) are on the frontlines of the evolving threat landscape and new research reveals the concerns that affect them each day as they try to keep people, their money, and their data safe.

Mitek Systems, Inc. (NASDAQMITK) has been named winner of the Next Gen Telecoms Fraud Prevention category in Cyber Defense Magazine’s (CDM) Annual Global InfoSec Awards competition. CDM, the industry’s leading electronic information security magazine, announced the 2024 winners at the RSA Conference 2024 in San Francisco.

ID R&D, a Mitek Systems company, and the leading provider of AI-driven biometric solutions, proudly announced the appointment of Peter Martis as Vice President of Growth. Respected as a thought leader in biometric technology and renowned for his strategic foresight and transformative leadership, Martis brings a wealth of expertise to this new role and is prepared to launch the company's growth trajectory in both go-to-market and product strategies.