Brief: Mitek Systems Inc Estimates Revenue For Year Ended Sept 30, 2022 In Range Of $143 Mln To $144 Mln

Mitek Systems

08/05/2023 14:24

May 8 (Reuters) - Mitek Systems Inc  MITK.O :
    * MITEK SYSTEMS INC - ESTIMATES THAT REVENUE FOR YEAR ENDED
SEPTEMBER 30, 2022 WILL BE IN RANGE OF $143.0 MILLION TO $144.0
MILLION
    * MITEK - RESTATEMENT OF PREVIOUSLY ISSUED FINANCIAL
STATEMENTS AS
OF 3 & 6 MONTHS ENDED MARCH 31, 2022, 3 & 9 MONTHS ENDED JUNE
30, 2022 WOULD BE REQUIRED
    * MITEK - IN RELATION TO PREPARATION OF FINANCIAL STATEMENTS
FOR
FISCAL YEAR ENDED SEPT 30, 2022, NOTED SOME REVENUE CONTRACTS,
OTHER ITEMS IMPROPERLY ACCOUNTED FOR IN PRIOR PERIODS
    * MITEK SYSTEMS INC - INTENDS TO REFLECT RESTATEMENT OF
PRIOR
PERIODS IN ITS ANNUAL REPORT ON FORM 10-K FOR FISCAL YEAR ENDED
SEPTEMBER 30, 2022
    * MITEK SYSTEMS INC - AT THIS TIME, COMPANY DOES NOT PLAN TO
AMEND
ANY OTHER PREVIOUSLY FILED REPORTS
    * MITEK SYSTEMS INC - RESTATEMENT DOES NOT IMPACT COMPANY'S
CURRENT CASH POSITION, CASH FLOW OR LIQUIDITY
    * MITEK SYSTEMS - MANAGEMENT IDENTIFIED MATERIAL WEAKNESSES
IN
INTERNAL CONTROL OVER FINANCIAL REPORTING DURING PRIOR PERIODS
    * MITEK SYSTEMS - MANAGEMENT DETERMINED THAT COMPANY'S
DISCLOSURE
CONTROLS AND PROCEDURES WERE NOT EFFECTIVE DURING PRIOR PERIODS

Source: (https://shorturl.at/DJSY3)
Further company coverage:  MITK.O 

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