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Technology Stocks : Mitek Systems (MITK)
MITK 9.230-0.1%Oct 31 9:30 AM EDT

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From: JakeStraw5/2/2014 8:20:13 AM
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Mitek Reports Second Quarter Fiscal 2014 Financial Results
finance.yahoo.com

Mobile Deposit(R) surpassed the 2,000 bank milestone; licensed financial institutions grew to 2,222

Revenue up 39% year-over-year for second quarter of fiscal 2014

Top 30 bank licensed Mobile Deposit(R) and Mobile Photo Bill Pay(R)

"Over 2,000 banks have now licensed Mitek's technology. Reaching this milestone, combined with our 100% customer retention rate, solidifies Mitek's leadership in the market," said James B. DeBello, president and CEO of Mitek. "During the quarter we signed a major bank to offer two of Mitek's solutions, and launched our Developer Program. We are focused on maintaining our first-mover advantage by growing our core business while uncovering new and innovative use cases for our technology."
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