
Mitek Systems reported strong financial results for the fourth quarter of fiscal 2024, with an adjusted earnings per share (EPS) of $0.33, surpassing analysts' expectations of $0.17. The company's revenue reached $43.22 million, exceeding the forecast of $41.31 million. Following the announcement, Mitek's stock surged by 15.9% in post-market trading, reaching $11 per share. The company attributed its record profitability and cash flow growth to AI-driven solutions and operational efficiency. In broader market movements, several stocks, including Tesla, Broadcom, and Nvidia, have been highlighted for significant activity, with Tesla and Apple also hitting new 52-week highs. Other notable stocks making moves include MicroStrategy and Super Micro Computer, as the market reacts to various analyst calls and earnings reports.




$MITK (+16.5% pre) Mitek Systems Reports Strong Q4 Performance - TR https://t.co/RskuOrUfz6
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