Mitek playing catch-up with financials, reports a profitable first quarter

For most public companies, a satisfying quarterly financial report involves rising revenue and profit. For biometric ID verification and mobile capture company Mitek right now, it means just getting the forms filed.

For clear reasons not offered by Mitek executives, they have missed multiple government and stock exchange deadlines for filing financial reports.

In fact, they announced results September 5 for their first quarter of fiscal 2023, which closed December 31. The news for that period is positive and executives …

biometric biometrics biometrics news biometrics stocks capture clear companies digital-identity exchange executives financial financial results financials first quarter forms government id verification mitek mobile profit public quarterly report reports revenue rising stock stock exchange stocks trade notes verification