Stocksrunner
Posted - 22 hours ago
Today's top trending stocks: $HUYA: HUYA beats revenue estimates in Q1 but faces challenges in the game streaming sector. $ALL: Allstate shines in the insurance sector. $MITK: Mitek Systems reports weak Q2 profit despite a buyback announcement. $BITF: Bitfarms undergoes leadership changes amidst earnings rescheduling. $LIVE: Live Ventures sees a 30% sales boost from strategic acquisitions. https://stocksrunner.com/trending
RedStar_Empire
Posted - 23 hours ago
$MITK this has been so kind to me ππ
Islands31
Posted - 23 hours ago
$MITK This is beginning to look like a winner π₯
Douglas72
Posted - 1 day ago
$Mitk Phil, I hope your wishes bring us to new highs
Stocksrunner
Posted - 1 day ago
π Earnings Reports & Potential Impacts $HUYA: Huya beats earnings expectations with strong performance. $ISPC: iSpecimen reports mixed Q1 2024 results amidst strategic shifts. $MITK: Mitek Systems Inc. posts weak Q2 profit and plans CEO termination. $SOFI: SoFi Technologies raises earnings forecast for 2024 amid strong growth. $TOST: Toast stock jumps on revenue growth and raised guidance. Stay tuned for market reactions and potential opportunities! https://stocksrunner.com/earnings
Save_the_Manatee
Posted - 1 day ago
$MITK Wow. A lot of news. @lobstah -- I think your wishes have all come true. Incidentally, it looks like the gross revenue jumped back up around $10M from the first quarter, as expected, and that the drop in net income is due to increased general/admin costs, with some additional R&D costs, too. They're blaming an increased head count for some, but not all of it. I'll be looking for confirmation that those other increased costs were mostly a one-time event. This might be the most interesting conf call in a while.
epsguid
Posted - 1 day ago
$MITK reported earnings of $0.18, consensus was $0.22 via @eWhispers #epsmiss http://eps.sh/d/mitk
DonCorleone77
Posted - 1 day ago
$MITK Mitek Systems backs FY24 revenue view $180M-$185M, consensus $181.52M Mitek expects full-year revenue to be between $180.0 million and $185.0 million, a 6% growth rate at the midpoint of the range. In fiscal 2023, Mitek signed a large multi-year mobile deposit reorder with one customer that locked in favorable pricing over a four-year period. Due to the unique terms of this contract, Mitek recognized additional license revenue relating to future years of approximately $7.0 million in fiscal 2023. If the Company backs out the future year revenue of $7 million from its fiscal 2023 revenue and attributes the $2.7 million that would have been attributable to fiscal 2024 to the midpoint of the fiscal 2024 revenue guidance, it would represent growth of approximately 12.0% at the midpoint. Mitek expects its non-GAAP operating margin for fiscal 2024 to be between 30.0% and 31.0%.
DonCorleone77
Posted - 1 day ago
$MITK Mitek Systems announces $50M share repurchase program Mitek Systems announced that its Board of Directors has authorized a two year share repurchase program for up to $50M of its common stock.
DonCorleone77
Posted - 1 day ago
$MITK Mitek Systems reports Q2 adjusted EPS 24c, consensus 27c Reports Q2 revenue $47M, consensus $46.44M. "Today, we are reiterating our fiscal 2024 guidance. Our recent product innovations, including Check Fraud Defender, MiVIP, MiPass, and ID R&D biometrics, are gaining market acceptance, positioning us well for continued growth. We're harnessing advanced AI and machine learning to enhance trust and convenience in digital interactions. All of this gives us confidence in our ability to profitably grow revenue. As such, we announced today in a separate press release that our Board of Directors has authorized a two year share repurchase program for up to $50 million of our common stock. Using our strong balance sheet to reduce the number of outstanding common shares, we believe we can increase shareholder value while maintaining sufficient cash resources to fund our operations, invest in our new growth products and service our existing debt obligations."
Stock_Titan
Posted - 1 day ago
$MITK Mitek Announces $50 Million Share Repurchase Program
https://www.stocktitan.net/news/MITK/mitek-announces-50-million-share-repurchase-4yt6635qp9gf.html
Stock_Titan
Posted - 1 day ago
$MITK Mitek Reports Fiscal 2024 Second Quarter Financial Results and Reiterates 2024 Fiscal Full Year Guidance
https://www.stocktitan.net/news/MITK/mitek-reports-fiscal-2024-second-quarter-financial-results-and-brbk8b1zln1n.html
Stock_Titan
Posted - 1 day ago
$MITK Mitek Announces CEO Transition
https://www.stocktitan.net/news/MITK/mitek-announces-ceo-m8ofkkupdj8y.html
Islands31
Posted - 3 days ago
$MITK Did earnings get canceled?
Stock_Titan
Posted - 5 days ago
$MITK Mitek to File Its Fiscal 2024 Second Quarter Form 10-Q on May 10, 2024 and Hold Earnings Call on May 13, 2024
https://www.stocktitan.net/news/MITK/mitek-to-file-its-fiscal-2024-second-quarter-form-10-q-on-may-10-121zt0vpqmhn.html
Stock_Titan
Posted - 1 week ago
$MITK Seasoned Industry Leader Peter Martis Appointed at ID R&D to Drive Explosive Growth Initiatives
https://www.stocktitan.net/news/MITK/seasoned-industry-leader-peter-martis-appointed-at-id-r-amp-d-to-1yng05euhblv.html
StockInvest_us
Posted - 04/25/24
Signal alert: $MITK - Oversold Trend Short (Undervalued) https://stockinvest.us/l/P3qBAgKyPW
TickerDD_com
Posted - 04/23/24
From 4/18/2024, looking back across 22 Month-Ends for MITK, Percentage Change of Average Monthly Price had Equal (50%) while Percentage Change of Average Monthly Volume had All Positives (100%) $MITK #MITK #MITKStock #TickerDD https://www.youtube.com/watch?v=jY7jhjODuq8
TI7812
Posted - 04/23/24
$MITK trimming some
aghoghari
Posted - 04/19/24
$MITK it would be in range of 13-14 till next earnings
TI7812
Posted - 04/18/24
$MITK a dude I've followed for years on Twitter did wrote up his bullish thinking on MITK. See link below. He's been bullish MITK for at least 2 years IIRC. My take. Sales will pickup dramatically the rest of this year to at least $47.7M for each of the next 3 quarters in order to meet the FY'24 guide of Revenue $180M (guide is $180M to $185M). Started buying shares today @ about $12.15/sh I'll add more on significant weakness. https://twitter.com/Crussian17/status/1779998205209719056
Noob312
Posted - 04/18/24
$MITK any info on max pain? I didn't expect this drop on that guidance but think this is a great buying opportunity.
aghoghari
Posted - 04/17/24
$MITK pump and dump scandal
aghoghari
Posted - 04/17/24
$MITK what a piece of shit
lobstah
Posted - 04/17/24
$MITK HC Wainwright reiterates Buy rating, $19 target
OpenOutcrier
Posted - 04/16/24
$MITK (-2.9% pre) Mitek Systems Inc (MITK) Reports Mixed Q1 Results and Provides Q2 Revenue Outlook - gf https://ooc.bz/l/30468
lola777
Posted - 04/16/24
$MITK these will be the worst earnings in 2024.. be prepared for new highs in the upcoming weeks.. easy hold.. Enjoy
lobstah
Posted - 04/16/24
$MITK Craig-Hallum raises target price to $19 from $17
RiskVsReward
Posted - 04/16/24
Beautiful chart here, looking at price action. Congrats to all my bulls and bears out there! $MITK
RabbitM
Posted - 04/16/24
$MITK π€¦π»ββοΈRevenue was down 19% to $36.9 million in the quarter, falling short of the $39 million expected by analysts.