Mitek: quarterlies, annuals, SEC actions

April 4, 2024 - Mitek is getting back on track with its financial reporting, which may be more reflective of the company’s position than a traditional year-over-year comparison of quarterly financial results. Mitek preliminarily reports revenues of $36.9 million in the first quarter of fiscal 2024 from its biometrics and mobile deposit software, compared to $45.7 million in Q1 2023, but both figures are significantly impacted by a single transaction. The company reports a GAAP net loss of $6.9 million …

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