Mitek Reports Record Second Quarter Revenue, Up 25% Year Over Year Raises Full Year Revenue Guidance
Summary
SAN DIEGO, May 01, 2018 (GLOBE NEWSWIRE) -- Mitek (NASDAQ: MITK ) ( www.miteksystems.com ), a global leader in mobile capture and digital identity verification software solutions, today announced its financial results for the second quarter of fiscal 2018 ended March 31, 2018.Mitek (MITK) is a global leader in mobile capture and identity verification software solutions.Mitek’s identity verification solution allows an enterprise to verify a user’s identity during a mobile transaction, enabling financial institutions, payments companies and other businesses operating in highly regulated markets to transact business safely while increasing revenue from the mobile channel.The Company disclaims any intention or obligation to update, amend or clarify these forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.Further, management and the Board of Directors utilize these non-GAAP financial measures to gain a better understanding of the Company’s comparative operating performance from period-to-period and as a basis for planning and forecasting future periods.
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