Mitek Systems, Inc. Provides Preliminary Financial Guidance for the Second Quarter Ended March 31, 2024 and Reiterates Financial Guidance for the Fiscal Year Ending September 30, 2024
April 15, 2024 at 04:05 pm EDT
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Mitek Systems, Inc. provided preliminary financial guidance for the second quarter ended March 31, 2024 and reiterates financial guidance for the fiscal year ending September 30, 2024. For the quarter, the company expects revenue to be in the range of $46 million to $47 million.
For the full year, the company expects revenue to be in the range of $180.0 million to $185.0 million, a 6% growth rate at the midpoint of the range.
Mitek Systems, Inc. is a provider of mobile image capture and digital identity verification solutions. It is a software development company with expertise in computer vision, artificial intelligence, and machine learning. Its digital technology solutions are provided in two parts: a software development kit for mobile image capture and a cloud software platform which uses artificial intelligence, and machine learning to classify and extract data to enable mobile check deposit as well as aid the authentication of identity documents including passports, identity cards, and driver's licenses using a camera-equipped device. Its products include Mobile Deposit, Mobile Verify, Mobile Fill, CheckReader, Check Fraud Defender, Check Intelligence, Mitek Verified Identity Platform, MiPass, ID_CLOUD, IDLive Face, IDVoice, IDLive Voice and IDLive Doc. The Company serves more than 7,900 financial services organizations and marketplace and financial technology (fintech) brands around the globe.
Mitek Systems, Inc. Provides Preliminary Financial Guidance for the Second Quarter Ended March 31, 2024 and Reiterates Financial Guidance for the Fiscal Year Ending September 30, 2024
MITEK SYSTEMS, INC. 
