Mitek Secures Funding Ahead of Bond Maturity and Earnings Report

The loan features a variable interest rate structure, benchmarked against either the Secured Overnight Financing Rate (SOFR) or the WSJ Prime Rate. The specific margins applied will be tied to Mitek's ...
Nasdaq

Concerned Stockholder Group Issues Second Public Letter to Mitek Systems’ Board of Directors Regarding Necessary Capital Allocation, Governance and Operational Improvements

HOUSTON--(BUSINESS WIRE)-- Hammana Partners LP, Bradley L. Radoff and Joshua E. Schechter (together with their affiliates, the “Concerned Stockholder Group” or “we”) today issued a second open letter ...
Seeking Alpha

Mitek Systems: Underappreciated AI Winner With Near-Term Catalyst

Mitek Systems is a leader in mobile capture and digital identity verification solutions for financial institutions, with a monopoly on the mobile capture market. The company's mobile deposit segment ...
Seeking Alpha

Mitek signals durable profitability in identity portfolio and raises EBITDA margin guidance amid SaaS revenue growth

The company tightened its full year fiscal 2025 revenue guidance to a range of $174 million to $177 million, with a midpoint at $175.5 million. This implies Q4 revenue between $39 million and $42 ...