mitek systems inc (MITK) Snapshot

Mitek Systems, Inc. Presents at 8th Annual Underbanked Financial Services Forum, Jun-05-2013 01:30 PM. Venue: InterContinental Miami, 100 Chopin Plaza, Miami, FL 33131, United States. Speakers: Mike Strange, Chief Technology Officer.

Mitek Systems, Inc. announced unaudited earnings results for the second quarter and six months ended March 31, 2013. For the quarter, the company reported total revenue of $3,224,262 compared to $1,191,737 a year ago. Operating loss was $2,399,386 compared to $2,860,669 a year ago. Loss before income taxes was $2,392,475 compared to $2,851,193 a year ago. Net loss was $2,393,275 or $0.09 basic and diluted per share compared to $2,847,356 or $0.11 basic and diluted per share a year ago. Non-GAAP loss before income taxes was $1,688,876 compared to $2,200,006 a year ago. Non-GAAP net loss was $1,689,676 or $0.06 basic and diluted per share compared to $2,196,169 or $0.09 basic and diluted per share a year ago. For the six months, the company reported total revenue of $6,533,927 compared to $4,711,221 a year ago. Operating loss was $3,765,452 compared to $2,836,717 a year ago. Loss before income taxes was $3,752,117 compared to $2,820,282 a year ago. Net loss was $3,752,917 or $0.14 basic and diluted per share compared to $2,821,082 or $0.11 basic and diluted per share a year ago. Non-GAAP loss before income taxes was $2,391,984 compared to $1,667,398 a year ago. Non-GAAP net loss was $2,392,784 or $0.09 basic and diluted per share compared to $1,668,198 or $0.07 basic and diluted per share a year ago.

Mitek Systems, Inc., Q2 2013 Earnings Call, May 07, 2013