Brief: Mitek Provides Update On Nasdaq Listing

Mitek Systems

13/06/2023 21:51

June 13 (Reuters) - Mitek Systems Inc  MITK.O :
    * MITEK PROVIDES UPDATE ON NASDAQ LISTING; REITERATES 2022
PRELIMINARY RESULTS AND PROVIDES 2023 GUIDANCE
    * MITEK SYSTEMS - REITERATING PREVIOUSLY PROVIDED ESTIMATES
THAT
REVENUE FOR YEAR ENDED SEPTEMBER 30, 2022 WILL BE IN RANGE OF
$143.0 MILLION TO $144.0 MILLION
    * EXPECTS ITS FULL-YEAR FISCAL 2022 NON-GAAP OPERATING
MARGIN TO
BE IN RANGE OF 29% TO 30%
    * EXPECTS REVENUE FOR YEAR ENDING SEPTEMBER 30, 2023 TO BE
IN
RANGE OF $162.0 MILLION TO $165.0 MILLION
    * EXPECTS ITS FULL-YEAR FISCAL 2023 NON-GAAP OPERATING
MARGIN TO
BE IN RANGE OF 29.5% TO 30.5%
    * MITEK SYSTEMS - RECEIVED STAFF DELISTING DETERMINATION
FROM
NASDAQ NOTIFYING THAT NASDAQ HAS INITIATED A PROCESS TO DELIST
COMPANY'S SECURITIES
    * INTENDS TO TIMELY REQUEST A HEARING BEFORE NASDAQ PANEL
    * FY2022 REVENUE VIEW $144.4 MILLION -- REFINITIV IBES DATA

Source text for Eikon:  ID:nBwbflNcTa 
Further company coverage:  MITK.O 

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