Mitek Systems, Inc. (NASDAQ:MITK) Q2 2024 Earnings Conference Call May 14, 2024 5:00 PM ET

Company Participants

Todd Kehrli - MKR Investor Relations, Inc.
Scott Carter - Chairman
Max Carnecchia - CEO
Dave Lyle - CFO

Conference Call Participants

Mike Grondahl - Northland Securities
Jake Roberge - William Blair
Surinder Thind - Jefferies
Derek Greenberg - Maxim Group
Scott Buck - HC Wainwright

Operator

Good day, and welcome to the Mitek Fiscal 2024 Second Quarter Earnings Conference Call. All participants will be in listen-only mode. [Operator Instructions] After today’s presentation, there will be an opportunity to ask questions. [Operator Instructions] Please note, this event is being recorded.

I would now like to turn the conference over to Todd Kehrli, Investor Relations. Please go ahead.

Todd Kehrli

Thank you, operator. Good afternoon, and welcome to Mitek's fiscal 2024 second quarter earnings conference call. With me on today's call are Mitek's CEO, Max Carnecchia; CFO, Dave Lyle; and Chairman of the Board, Scott Carter.

Before I turn the call over to Mitek leadership, I'd like to cover a few quick items. Today, Mitek issued a press release announcing its financial results for its fiscal 2024 second quarter ended March 31, 2024. That release is available on the company's website at miteksystems.com. This call is being broadcast live over the Internet for all interested parties, and the webcast will be archived on the Investor Relations page of the company's website.

I want to remind everyone that on today's call, management will discuss certain factors likely to influence the business going forward. Any factors discussed today that are not historical facts, particularly comments regarding our long-term prospects and market opportunities, should be considered forward-looking statements. These forward-looking statements may include comments about the company's plans and expectations of future performance.

Forward-looking statements are subject to a number of risks and uncertainties, which could cause actual results to differ materially. We encourage all of our listeners to review our SEC filings, including our most recent 10-K and 10-Q for a complete description of these risks. Our statements on this call are made as of today, May 13, 2024 and the company undertakes no obligation to revise or update publicly any of the forward-looking statements contained herein, whether as a result of new information, future events, changes in expectations or otherwise.

Additionally, throughout this call, we'll be discussing certain non-GAAP financial measures. Today's earnings release and the related current report on Form 8-K describe the differences between our GAAP and non-GAAP reporting and present the reconciliation between the two for the periods reported in the release.