---
schema_version: "secwatch.filing_event.v1"
accession: "0000807863-24-000083"
form_type: "8-K"
ticker: "MITK"
cik: "0000807863"
company_name: "MITEK SYSTEMS INC"
filed_at: "2024-08-08T23:59:59+00:00"
generated_at: "2026-05-31T11:26:29.101854+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Mitek Q3 revenue $45M (+4% YoY), Identity underperforms; FY2024 guidance lowered

## Summary
- Total revenue $45.0M (+4% YoY); GAAP net income $0.2M ($0.00 diluted EPS) vs loss year ago.
- Non-GAAP net income $12.0M ($0.25 diluted EPS) up 27% from $9.5M ($0.20) YoY.
- Identity product revenue disappointed; Deposits segment led growth.
- Full-year FY2024 revenue guidance revised to $169M-$173M, down ~1% at midpoint year-over-year.
- Company repurchased 819,623 shares at avg $12.25 for $10M; cash and investments $133.2M.

## SEC filing metadata
- accession: 0000807863-24-000083
- form_type: 8-K
- ticker: MITK
- cik: 0000807863
- company_name: MITEK SYSTEMS INC
- filed_at: 2024-08-08T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/807863/000080786324000083/0000807863-24-000083-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/807863/000080786324000083/mitk-20240808.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000807863-24-000083
- JSON: https://secwatch.observer/filing/0000807863-24-000083.json
- Plain text: https://secwatch.observer/filing/0000807863-24-000083.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.