Mitek Systems (MITK) Tops Q3 EPS by 3c

Mitek Systems (NASDAQ: MITK) reported Q3 EPS of $0.07, $0.03 better than the analyst estimate of $0.04. Revenue for the quarter came in at $6.4 million versus the consensus estimate of $5.83 million.

Mitek Systems sees FY2015 revenue of $23.5-24.5 million, versus prior guidance of $22.5-23.5 million.

"Our quarterly revenue grew 38% year-over-year to over $6 million, demonstrating our success at providing a superior mobile experience," said James B. DeBello, president and CEO of Mitek. "Our acquisition of IDchecker solidifies Mitek's position as a global leader in mobile capture and identity solutions, increasing our recurring revenues with a cloud-based model."

For earnings history and earnings-related data on Mitek Systems (MITK) click here.

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