Press Releases

CHICAGO--(BUSINESS WIRE)-- Kayne Anderson BDC, Inc. (“KBDC”), a business development company externally managed by its investment adviser, KA Credit Advisors, LLC, today announced that it plans to make an initial public offering of 6,000,000 shares of its common stock. The initial public offering price is expected to be $16.63 per share. KBDC is expected to list its common stock on the New York Stock Exchange under the symbol “KBDC.” The underwriters are... (continue reading...)

SAN DIEGO--(BUSINESS WIRE)-- Mitek Systems, Inc. (NASDAQ: MITK, www.miteksystems.com, “Mitek” or the “Company”), a global leader in digital identity and digital fraud prevention, today announced that its Board of Directors has authorized a two year share repurchase program for up to $50 million of its common stock.

“The share repurchase program reflects our confidence in our strategy for long-term profitable growth and our belief that we can capitalize... (continue reading...)

Company Announces $50 Million Share Repurchase Plan

SAN DIEGO--(BUSINESS WIRE)-- Mitek Systems, Inc. (NASDAQ: MITK, www.miteksystems.com, “Mitek” or the “Company”), a global leader in digital identity and fraud prevention, today reported financial results for its second quarter ended March 31, 2024, and reiterated its previously provided guidance for its 2024 fiscal year ending September 30, 2024.

Fiscal 2024 Second Quarter Financial Results

• Total... (continue reading...)

For the three months ended March 31, 2024, from continuing operations:

• Revenues of $662.1 million
• GAAP net loss of $81.6 million
• Adjusted EBITDA of $29.5 million
• GAAP and adjusted diluted earnings (loss) per share of $(0.91) and $(0.04), respectively
• Book-to-bill ratio of 1.11x, resulting in 1.2x book-to-bill for the trailing nine months
• Planned divestiture of assets relating to the Endpoint Clinical and Patient Access businesses on track

DURHAM, N.C., May 13, 2024 ... (continue reading...)

P-Stubbz801 to Drop New Single "Winning Friends" -- A Modern Exploration of Social Dynamics Produced by Utah Hip-Hop Legend Burnell Washburn

West Valley City, Utah May 13, 2024 (Issuewire.com) - P-Stubbz801, a hip-hop artist from the shadows, is gearing up to release his latest single, "Winning Friends," on June 28, 2024. This highly anticipated track offers a contemporary perspective on the intricacies of social interaction, drawing inspiration from Dale Carnegie's... (continue reading...)