Market Overview

NetworkNewsBreaks – Mitek Systems, Inc. (NASDAQ: MITK) Featured in ROTH Equity Research Report

Share:

Mitek Systems (NASDAQ:MITK) was featured in a recent Equity Research Report published by ROTH Capital Partners, LLC. The report reads, "Mobile deposit strength drove MITK's topline beat, driven by a price increase (as expected), which also flowed into stronger gross margins and profits. Overall 1Q results were good, although growth continues to decelerate, notably […]

Mitek Systems (NASDAQ:MITK) was featured in a recent Equity Research Report published by ROTH Capital Partners, LLC. The report reads, "Mobile deposit strength drove MITK's topline beat, driven by a price increase (as expected), which also flowed into stronger gross margins and profits. Overall 1Q results were good, although growth continues to decelerate, notably transactional SaaS. FY20 guidance was unchanged, but the heightened risk profile from patent IP remains applicable with many moving pieces and potential long timelines. Maintain Neutral rating and $9 price target."

To request access to the full report, visit http://nnw.fm/DXCr3

About Mitek

Mitek (NASDAQ:MITK) is a global leader in mobile capture and digital identity verification solutions built on the latest advancements in AI and machine learning. Mitek's identity verification solutions enable an enterprise to verify a user's identity during a digital transaction, which assists financial institutions, payments companies and other businesses operating in highly regulated markets in mitigating financial risk and meeting regulatory requirements while increasing revenue from digital channels. Mitek also reduces the friction in the users' experience with advanced data prefill and automation of the onboarding process. Mitek's innovative solutions are embedded into the apps of more than 6,500 organizations and used by more than 80 million consumers for mobile check deposit, new account opening and more. The company is based in San Diego with offices in New York, London, Amsterdam, Barcelona, Paris and St Petersburg. For more information, visit the company's website at www.MitekSystems.com.

About NetworkNewsWire

NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today's market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

To receive SMS text alerts from NetworkNewsWire, text "STOCKS" to 77948 (U.S. Mobile Phones Only)

For more information please visit https://www.NetworkNewsWire.com

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer

NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com

NetworkNewsWire is part of the InvestorBrandNetwork.

View Comments and Join the Discussion!
 
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com