Dafinchi AI

AVT

Technology

Adjusted operating income for Q4 was $143 million with a 2.5% operating margin; Farnell operating margin improved to 4.3%.
Avnet reported fiscal year 2025 revenues of $22.2 billion and adjusted diluted EPS of $3.44.
Electronic Components sales increased 1% year-over-year and 6% sequentially; Farnell sales increased 3% year-over-year and 5% sequentially.
Gross margin for Q4 was 10.6%, down 99 basis points year-over-year mainly due to higher Asia sales mix.
Interest expense decreased by $6 million year-over-year, positively impacting EPS by $0.05.
Operating expenses were well managed, with SG&A at $451 million, slightly up year-over-year but down excluding FX impact.
Q4 sales were $5.6 billion, up 6% sequentially and slightly year-over-year, exceeding guidance.

MITK

Technology

Adjusted EBITDA was $13.1 million, representing a 28.6% margin, an improvement of 170 basis points compared to the prior year.
Check Fraud Defender annual contract value reached approximately $13.1 million, up 56% year-over-year.
Free cash flow for the last 12 months was $56 million, representing a 99% conversion rate of adjusted EBITDA.
Non-GAAP gross margin was 85%, slightly down by 100 basis points year-over-year due to a mix shift away from higher-margin deposits products.
The company ended Q3 with over $175 million in cash and investments and $155 million in convertible notes due February 2026.
Total revenue for Q3 2025 was $45.7 million, up 2% year-over-year, driven primarily by a 24% increase in Identity products revenue.
Trailing 12-month Identity revenue reached $75 million, up 13% year-over-year, nearing the fulcrum point for durable profitability.

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